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We had Internet "everywhere" in 2000, all these new doors were being opened! And yet we crashed. The investment has to remain in step with the economic return
by frandroid 12y ago
We had Internet "everywhere" in 2000, all these new doors were being opened! And yet we crashed. The investment has to remain in step with the economic returns, or else eventually a crash happens. The possibilities are one thing, the returns are something else.
Of course there are a lot more viable online/mobile businesses now than there were in 2000, so a bubble has that much more space to grow before crashing.
If there's a bubble.
- deleted 12y ago[deleted]