abstract:In the mythology of the Mabuiag people of the Torres Strait, Kibu is the mythical land of the dead, believed to exist over the horizon far to the west. The correct full term is Kibukuth Horizons End.
Kibu was unlikely to be "valued appropriately" in other words, stupefyingly overvalued by a market that has lost its appetite for initial public offerings.
Last month, Kibu.com, a start-up that had made healthy inroads in the teen-girl market by building a cyberchat "hangout, " shocked analysts by closing while it still had a healthy bank balance.