The 1996 to 2000 period was remarkable as the dot-com IPO crazy period. It's the... | Hacker News

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		StandardBub on May 25, 2012 \| parent \| context \| favorite \| on: Facebook’s stock should trade for $13.80 The 1996 to 2000 period was remarkable as the dot-com IPO crazy period. It's the closest, and most optimistic investment environment to what we are seeing today, thus makes a good comparison for making an optimistic valuation model for Facebook.

pyoung on May 25, 2012 | [–]

Are you serious? The two periods are hardly comparable. See link.

http://www.hbs.edu/units/finance/pdf/Where%20Have_April_3_20...

ChuckMcM on May 25, 2012 | | [–]

That is a great paper btw. It's nice to see some analysis of the impact of velocity on startups and IPOs rather than just regulation.

pbreit on May 25, 2012 | [–]

Too bad the study's period was 1996 to 2010.

JumpCrisscross on May 25, 2012 | [–]

Actually, it's June 1996 to December 2005 [1]

[1] http://bear.warrington.ufl.edu/ritter/post_ipo_report_052220... (page 9, Panel C)

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