Why Valuing Internet Start-Ups Is So Hard (The Atlantic Wire)

The Atlantic Wire - Whether it's Google extending a $6 billion bid to the deal-of-the-day site Groupon or Kleiner Perkins, a venture capital firm, valuing
the social-networking sensation Twitter at nearly $4 billion, the
estimated worth of tech companies has stirred controversy and dominated
headlines in recent months. Why is value so hard to pin down online?

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