A recent Bloomberg News report that appeared in INN offered the idea that individuals who are making millions and billions in social media are prime client material for investment houses and independent financial advisers.
On its surface the idea seems obvious. After all, as the above-cited article points out, their companies are being acquired or prepped for initial public offerings, thus they are about to become very rich. Certainly the cash is or will be there, yet I’m not so sure that these individuals—or the social media sites they have created—are themselves a good risk.
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