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I couldn't agree more. Apple, Google and Microsoft are revenue tsunamis. Instagram, Uber, Airbnb etc. may as well be operating in a different universe in compar
by corford 15y ago
I couldn't agree more. Apple, Google and Microsoft are revenue tsunamis. Instagram, Uber, Airbnb etc. may as well be operating in a different universe in comparison.
- vm 15y agoMicrosoft revenues grew 15% over the past 4 years. Large company, yes, but hardly a quick moving power like a tsunami. Google grew 85% in the period. Stellar for a company of that size but tsunami? Depends who you ask. Apple grew 190%+ during that period. Tsunami? Hell yes Uber, Airbnb, and other hot companies like Square, Dropbox, Box, and Fab are generating lots of revenue and (probably) all growing much, much faster than any of the companies listed above. Sure they have smaller bases and thus can grow at faster rates, but they are becoming quite big, quite quickly. Having that many companies growing so explosively doesn't happen so often. And that's not to mention the growth that Zynga and Facebook also are having. Kleiner Perkins said Zynga was their fastest growing company in history - and they backed Amazon and Google! To be clear, I'm not talking about the bubble. Just pointing out that there are many companies in this current wave that have obscenely strong revenue growth (Instagram obviously not being one of them)
- pbreit 15y agoYou mess up your argument by including Uber & AirBnB in that list, both of which make good and growing revenues.
- corford 15y agoI wouldn't class either as tsunamis and doubt they will ever be in the league of an Apple, Google or Microsoft.
- pbreit 15y agoYou realize you just named 3 of the very largest companies the world has ever seen and all just a few decades old. That's a pretty high bar.
- corford 15y agoYes I do, that's why they are called revenue tsunamis. I guess my issue is that I don't see why if a new online startup is managing to make some revenue, this suddenly means it is a "revenue tsunami". Comapred to Instagram ok, compared to Apple et al - no.
- deleted 15y ago[deleted]