The nerds are always up in arms about the Web 2.0 being a bubble. While they whine – and they really are whiners – the bankers of the world have moved on to the “New New” thing – SMOOTHIES?
I would never short this thing but this deal is a joke. Always has been. This was a designed exit from the “get go” so congrats for that.
That said, I am a true non-believer in smoothie shops and don’t think this can end well.
This deal is “financial engineering” from Wall Street’s finest. It is more harmful and deserving of more talk than a “Web 2.0 bubble.”
Long – OY!