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So many valuations in the last 2 decades. Netscape, Pets.com, Tumblr, Instagram, Klout, Worldcom, AOL, Broadcast.com, Solar City. I hear about them monthly. But
by warfangle 11y ago
So many valuations in the last 2 decades. Netscape, Pets.com, Tumblr, Instagram, Klout, Worldcom, AOL, Broadcast.com, Solar City. I hear about them monthly. But no real global impact by any of those 'valuations' can be seen. Seems like this is a great way to boost readership by Techcrunch and others.
What you're missing is that they're having local impact, in a region that most of the tech industry has almost no impact in.
- funkyy 11y agoBad example. Many valuations are actually good. And if you say there is no global impact by Tumblr or Instagram, then you need to learn more about foreign markets.
- warfangle 11y agoAnd if you say there's been no global impact by mpesa .... then you need to learn a thing about emerging markets.