4 ms·
The Bubble talk is getting old. There's far, far more real money in the Bay Area than "dumb money." Amazon will double WalMart's valuation this year. WalMart is
by gonyea 10y ago
The Bubble talk is getting old. There's far, far more real money in the Bay Area than "dumb money." Amazon will double WalMart's valuation this year. WalMart is desperately pumping money into their new Sunnyvale tech office to catch up.
Consumers aren't going to wake up one day, realize the Internet is a stupid fad, and throw their iPhones in the trashcan.
- boulos 10y agoI enjoy that your example (Amazon) is not actually a Bay Area example. Your point is still valid though: Apple, Google, etc. are awash in revenue. The article though is about private companies that aren't so clearly generating cash flow.
- deleted 10y ago[deleted]
- mindslight 10y agoHowever, consumers may wake up one day and realize the surveillance web is indeed a stupid fad. And that covers the business models (explicit or implied) for most contemporary "startups".
- jeffreyrogers 10y agoBubble != valueless.