Description: Angie’s List is the latest dot-com to go public with a questionable business model, joining the ranks of Groupon, Pandora, and soon Yelp.
Source: CNNMoney.com – video report com
Date: 11/18/2011
Link: http://money.cnn.com/video/markets/2011/11/18/mkts_am_buzz_angi.cnnmoney/
Questions for discussion:
- How do you explain the success of these IPOs?
- Do you think investors are repeating mistakes made in 1998?
- What might explain their behavior?
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