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This is just a wild post. Going by the facebook IPO fiasco and Indian economy slide, I couldn’t help but notice a few similarities:
Hype: Both generated huge hype. Before IPO, FB’s valuation increased by a few billion $ in every few months. Indian economy too generated huge hype after its surprising performance in 2003-08. It was assumed the time has come when India will only grow upwards....
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Reactions to Facebook IPO vs. Indian economy..Some similarities
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