Business Insider considers the curious case of CYNK, which, at least on paper, appears to be the hottest social media company on the market. Having seen its stock jump from $0.10 to $14.71 in less
than a month, the company currently boasts a market cap of about $4.29 billion. The only problem is that CYNK doesn’t have a dime of revenue, while its management and business model are total
mysteries. “This premise … is basically a Facebook-like social network where you would pay … to connect you with someone else … maybe someone cool or famous,” BI
notes.
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