Los Angeles Business Journal

Party Like It’s 1999?

Monday, October 28, 2013

Twitter Inc. plans to go public at a value of $11 billion, without a profit. Venture capitalists just valued Pinterest Inc., which generates no revenue, at nearly $4 billion, and revenue-deprived Snapchat Inc., is angling for a similar price tag. But the Wall Street Journal says we're not quite on the cusp of another dot-com bust.