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The bubble is clearly in social networking marketing rather than actual technology. The value that VC's are putting on unmonetizable audiences is completely ab
by dstein 15y ago
The bubble is clearly in social networking marketing rather than actual technology. The value that VC's are putting on unmonetizable audiences is completely absurd.
However the story is different for legitmate tech companies. There is a genuine boom occuring in the mobile/cloud technology space. It is a paradigm shift on a scale probably 100 times larger than the shift to personal computers.
- Turing_Machine 15y agoI agree with respect to mobile -- the depth of the potential customer base there hasn't even begun to be plumbed. It's going to be very interesting once smart phones (and app sales) become ubiquitous in less-developed countries. That will probably require lowering the price even further, but hey, if you can sell 100 million copies of a ten cent app...