The pitfalls of valuing internet stocks

As companies rush to catch the feel good vibe following the LinkedIn flotation, Financial News asks: how do you value an internet stock?

Question: A web company has 27 million unique monthly users, is the fifth ranked web domain in terms of page views, and serves more than 8% of all ads on the internet. How much is it worth?

Answer: The month is July 2005, the answer is $580m, and the company is Intermix Media, owner of MySpace.com, a hot new website launched just two years year earlier which integrated web profiles, blogs, email, photo galleries, classified listings and events.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line