PEJ: Facebook IPO Draws More Skeptics Than Believers

Study shows online conversation was mostly about the value of the company being overhyped, rather than highly valued
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Online irony alert: Between May 14 and 20, 12% of the online
conversation about the Facebook IPO on one online outlet was about the value of
the company being "overhyped" while only 7% was about it being
"highly valued." That outlet: Facebook.

Still that was better than Twitter, where 22% was about it
being overhyped while only 6% was about it being highly valued. That is
according to a Project for Excellence in Journalism report.

On blogs, the spread was closer, with 13% overhyped and 8%
highly valued.

According to PEJ, the report is based on Crimson Hexagon
software analysis of several million blogs, all public Twitter posts and a
random sample of public Facebook posts.

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