So we heard a stat the other day... The US debt levels add up to more than $1m per day since Jesus was born!

With such a volatile market (once again described by one major news service today as a bungee rope economy - massive loss, massive high, massive loss and so on..) it does make you wonder if we are indeed headed for another .com smash and bash like the early 2000s.

In past couple years, Social services have again changed the way that we look at financial gain through the internet. Facebook is valued at something like $60b alone, yet this is all perceived value. The same goes with Twitter (it doesn't actually make that much money from advertising). 

Earlier this year LinkedIn had its IPO and quickly jumped from its offering of $3bn to $9bn, which seems to me to be way out of wack with its earning potentials.

Groupon, the coupon clipping service which has only been around for a couple years before getting a rumoured $10bn buyout offer from Google, recently had its IPO with valuation at around $710m. But this week we find out that the company has never actually made a profit in its three years of operation.

In the second quarter of 2011, it made a net loss of $102m (up from $38m in the previous quarter). Its CEO Andrew Mason asked investors to base their investment on 'whatever metrics make them feel comfortable'. So essentially, take a leap of faith and hope for the best. There is also a claim that the company needs to get just big enough, but not too big, in order to make a profit.

Sounds like they are chasing Goldilocks.