The bubble we’re in

The NYT had good, sober piece about the bubble we’re in, using as a peg what’s happened to Groupon shares since that company’s stock market debut. The piece also includes this useful table:

Here’s a look at some of the notable technology I.P.O.’s this year :

Demand Media

Offering price: $17

Tuesday’s closing price: $6.85

Current market value: $574 million

Groupon

Offering price: $20

Wednesday’s closing price: $16.96

Current market value: $10.82 billion

LinkedIn

Offering price: $45

Wednesday’s closing price: $66.00

Current market value: $6.36 billion

Pandora

Offering price: $16

Wednesday’s closing price: $10.51

Current market value: $1.69 billion

Renren

Offering price: $14

Wednesday’s closing price: $3.75

Current market value: $1.47 billion

Yandex

Offering price: $25

Wednesday’s closing price: $20.05

Current market value: $6.48 billion

FOOTNOTE: But why, oh why, can’t the NYT understand apostrophes? Personal computers in the plural are always PC’s in the paper. And so, it turns out, are IPOs.