Social media are computer-mediated technologies that facilitate the creation and #sharing of information, ideas, career interests and other forms of expression via virtual communities and networks. Using social media apps is nearly unavoidable these days, and with the prevalence of these companies growing, some investors are left trying to figure out which ones will make good, long-term investments. Aside from picking great social media stocks, investors also need to know.
Value investor Warren Buffett has grown his company, Berkshire Hathaway, into a unique example of investor relations through strategic financial communication. Social media stocks are hot and investors have been pushing prices higher. But are all of these companies worth investing in? Here is a short list of the ones you need to consider if you are thinking of investing your money.
Warren Buffett warned investors that valuations for social media firms are unwarranted, though he declined to name names, according to a report from Bloomberg.
Speaking in New Delhi, Buffett, chairman and CEO of Berkshire. Social media plays a vital role in viral marketing. It removes the barriers that may normally exist between a company and its customers.