Bubble bubble toil and trouble?

Yelp is readying a $100M IPO that follows Groupon’s similar offering. What do these two companies have in common? No profits.

When multiple unprofitable companies are given access to this kind of liquidity, largely by slicing off a small portion of the equity and dividing it up among thousands of overeager investors, I can’t help but conclude that we’re back in a tech-stock bubble.

via MarketWatch