Investors have a hard time assessing the value of social networking sites. The folks at Wharton have a somewhat decent explanation for why this is the case so long as you can overlook the dire and quite fashionable predictions about another dot-com bubble.
A neat-ish podcast from Michael Useem that might help you decide whether to have a bonfire tonight or plan one for next weekend. Who is Michael Useem and what does he know about bonfires or brains? Well all you young professionals will be happy to know that he has also the professional office-cred you've come to respect:
Michael Useem is director of the Center for Leadership and Change Management at Wharton, but his study of leadership is hardly confined to the halls of academia. His research has taken him to Patagonia, Antarctica, Iraq, the base of Mount Everest, Houston's Johnson Space Center, the Civil War battlefield at Gettysburg, fire zones in Colorado and California, and public schools in Philadelphia, among other places. He is the author of The Leadership Moment: Nine True Stories of Triumph and Disaster and Their Lessons for Us All and Investor Capitalism: How Money Managers Are Changing the Face of Corporate America, among other books. Useem's latest book is The Go Point: When It's Time to Decide -- Knowing What to Do and When to Do It. In writing this book, Useem asked more than 100 leading decision-makers to analyze decisions they had made, to name their best and worst decisions, to describe how they reached them, and to comment on what, if anything, they would change about how the decisions were arrived at. Useem recently spoke about The Go Point with Knowledge@Wharton.
So make up your mind.
