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> Broadcast.com, AOL, Netscape, etc. Today its, Uber, Twitter, Facebook Even mentioning his company in the same breath as Uber, Twitter and Facebook shows how

> Broadcast.com, AOL, Netscape, etc. Today its, Uber, Twitter, Facebook Even mentioning his company in the same breath as Uber, Twitter and Facebook shows how out of touch he is IMO. Broadcast.com was hardly a business! Those companies have BILLIONS of dollars of real revenue.

ghshephard 12y ago
I'd never heard of Broadcast.com before this post. Checking http://en.wikipedia.org/wiki/Broadcast.com http://en.wikipedia.org/wiki/Broadcast.com, I see that "In April 1999, Yahoo! acquired the company for $5.7 billion (or over $10,000 per user) in stock and renamed it Yahoo! Broadcast Solutions. The company had 570,000 users. " I"m comfortable calling that a Bubble.
- damoncali 12y ago
  My God I feel old.
- jff 12y ago
  $10,000 paid per user. Damn.
edwinespinosa09 12y ago
I noticed the boardcast plug but they did well at their IPO "It was 9 years ago we went public with what was then the biggest first day jump in stock price in IPO history" Relatively speaking for though AOL and Netscape at the time where not a bad analogy
jeffreyrogers 12y ago
You're cherry picking the quote: > In a bubble there is always someone with a “great” idea pitching an investor the dream of a billion dollar payout with a comparison to an existing success story. In the tech bubble it was Broadcast.com, AOL, Netscape, etc. Today its, Uber, Twitter, Facebook, etc. In context, what he's saying makes a lot of sense.
- maxerickson 12y ago
  Broadcast.com is only sort of comparable to WhatsApp (in terms of roles in a bubble). And WhatsApp was all set to be the primary social network for a billion people, not yet another video site.
  - jeffreyrogers 12y ago
    That's not the point though. The point Mark Cuban was making is that now people pitching VC firms compare their company to Uber or whatever, versus previously they were comparing it to AOL or Broadcast.com
    - encoderer 12y ago
      But wanting to be the next Uber or whatever is a worthwhile aim. Saying "i want to be like broadcast.com" is saying "i want an insane bubble deal." Saying "I want to be like Uber" is saying "I want to work tirelessly for years and build a truly global business from scratch." I respect your point, but I don't think I left anything meaningful from my quote.
deleted 12y ago
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ghshephard 12y ago

I'd never heard of Broadcast.com before this post. Checking http://en.wikipedia.org/wiki/Broadcast.com http://en.wikipedia.org/wiki/Broadcast.com, I see that "In April 1999, Yahoo! acquired the company for $5.7 billion (or over $10,000 per user) in stock and renamed it Yahoo! Broadcast Solutions. The company had 570,000 users. " I"m comfortable calling that a Bubble.

damoncali 12y ago
My God I feel old.
jff 12y ago
$10,000 paid per user. Damn.

edwinespinosa09 12y ago

I noticed the boardcast plug but they did well at their IPO "It was 9 years ago we went public with what was then the biggest first day jump in stock price in IPO history" Relatively speaking for though AOL and Netscape at the time where not a bad analogy

jeffreyrogers 12y ago

You're cherry picking the quote: > In a bubble there is always someone with a “great” idea pitching an investor the dream of a billion dollar payout with a comparison to an existing success story. In the tech bubble it was Broadcast.com, AOL, Netscape, etc. Today its, Uber, Twitter, Facebook, etc. In context, what he's saying makes a lot of sense.

maxerickson 12y ago
Broadcast.com is only sort of comparable to WhatsApp (in terms of roles in a bubble). And WhatsApp was all set to be the primary social network for a billion people, not yet another video site.
- jeffreyrogers 12y ago
  That's not the point though. The point Mark Cuban was making is that now people pitching VC firms compare their company to Uber or whatever, versus previously they were comparing it to AOL or Broadcast.com
  - encoderer 12y ago
    But wanting to be the next Uber or whatever is a worthwhile aim. Saying "i want to be like broadcast.com" is saying "i want an insane bubble deal." Saying "I want to be like Uber" is saying "I want to work tirelessly for years and build a truly global business from scratch." I respect your point, but I don't think I left anything meaningful from my quote.

deleted 12y ago

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