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>In 2000, Cisco became the most valuable company in the world. And there definitely wasn't some bubble going on distorting that value
by mrguyorama 3y ago
>In 2000, Cisco became the most valuable company in the world.
And there definitely wasn't some bubble going on distorting that value
- sapiogram 3y agoA rising tide lifts all boats. Maybe "most valuable tech company in the world" would be a more convincing argument, since the tide receded shortly afterwards.
- jryle70 3y agoAt the time that Cisco was top of the world, there were plenty of other high profile tech companies -- Microsoft, IBM, Intel, Sun, HP, DEC. On the networking side there were 3Com, Nortel etc. They all rose the tide of the dotcom bubble, yet Cisco came out on top. You should wonder why.
- ls612 3y agoAnd yet, in 20 years he still left the company with 20 times more sales than he received it. You could certainly do far worse as a CEO.