“Classic Example of Disruptive Innovation“, says Ty Sagalow, (June 4, 2012)

Innovation Insurance Group’s President, Ty Sagalow, was quoted in a recent Business Insurance article looking at the perils of Facebook’s Initial Public Offering.

Commenting on the dangers of looking for complete stability in dealing with this type of business model, Ty Sagalow, stated:

Facebook started a whole new paradigm in social interaction [and] is an example of disruptive innovation, which is a good thing for society but creates a ‘rocky road’ in pricing an IPO.