"I don't know whether successful private companies like Groupon, Zynga, Facebook and Twitter are over or under priced since I don't have access to their financials"
To play devil's advocate, how can anyone call FB, Twitter, Zygna, etc., "successful" (in the financial sense) without that information?
I was under the impression that everyone believes these companies are printing money, but don't know how much money they're making relative to their valuations. Although, I'm not sure about Twitter, are they considered to be significantly profitable?
To play devil's advocate, how can anyone call FB, Twitter, Zygna, etc., "successful" (in the financial sense) without that information?