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The Hottest Social Network You've Never Heard Of

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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