Quote:
Originally Posted by dyna mo
ahh, i see what you are driving at now. i don't disagree with this! but am unsure if it so cut&dry eh. i would hope that in a hundred years, there are some internet brands that have established themselves as thoroughly as some real world brands have over the same length of time.
i think also that my point is that people get caught up in believing they can create an instant brand with a multi-billion $$ valuation. this thread was going in that direction and that's what got me thinking about the comparison. it's not really good business sense to launch a company with the expectation that in 6 months it will be valued at 1.2b$ or whatever. those results are quite rare and could be considered lucky anomalies in any business atmosphere imo.
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Agree,
And the internet is practically only say 15 - 16 years old, I'm sure that's also the reason how some of those out of this world valuations can even happen.
I'm sure this will never happen in 20 years after some of those "investors" will actually have access to some empiric data regarding some of these over hyped models, it seems there's just a bubble after bubble going on on the internet, and it always bursts in no time.
But as long as there will be someone willing to invest into new facebooks and all kinds of "strategic acquisitions" - in real words meaning over hyped bullshit services that capture a mass of worthless audience ...good for them!
If I owned something like this I'd get rid of that and cash out immediately!