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I guess a lot of outsiders are failing to see why "this time it's different". A/B testing, a savvier industry, and customers becoming more trusting of e-commerc
by wisty 15y ago
I guess a lot of outsiders are failing to see why "this time it's different". A/B testing, a savvier industry, and customers becoming more trusting of e-commerce means that the web sector really can grow.
There's a limit, and the industry will hit a wall when people start investing under the assumption that earnings will keep growing (rather than hitting a wall), but that doesn't mean that the industry is overvalued now.
Oh, wait, I need a conclusion. Avoid stuff that's obviously over-hyped, but don't worry too much about the macro stuff yet. I doubt that an industry-wide catastrophe is imminent, and you probably have bigger worries.