RenRen: I agree, but I was wondering if a IPO like YOKU or RenRen does not add potentially negative sediment into the space. YOKU shot up, but as a youtube knockoff has it added value that is sustainable? I guess I was wondering does a company with great management - like QPSA- really gain from being compared to ANY social media IPO? I would think it gains more from being in a sector that is long term strong, rather than one that appears speculative. So to me how RenRen is handled and how good a company it turns out to be is going to matter, not just how high it goes on day one.
it is amazing though that QPSA remains the only pure play, and certainly one I am excited about.
- kurt
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