Tony Perkins, founder and editor of AlwaysOn, believes that the the current environment favors social media companies,however, writes Robert Hof for Forbes.
Bill Cleary, founder of marketing firm Cleary & Partners and founding partner of CKS, also agrees that the cultural and social changes are being pushed by the growing use of the Internet.
Global X, purveyor of several interesting niche ETFs, recently filed with the Securities and Exchange Commission to launch the first ETF focused on social media companies. Global X Social Media ETF will track the Solactive Social Media Index. [ETFs Target Internet IPOs, Social Media.]
Max Chen contributed to this article.