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Beginning in 1995 as BackRub, Google slowly and steadily began to conquer the world. Google was initially meant to be a search engine and today the company has ventured into wearable technology, renewable energy, mobile phones, and other web applications. Thanks to Ray Leon, Pet Insurance Review ! #20- 20- Target.
Companies that produce little value today might still receive high valuations due to high growth expectations. As you can see, not all of these multiples are comparable as some of the bubble era multiples were NM—not meaningful—due to negative earnings. The first major change was the move to relational database technology.
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A review of the technology press in 1993 and 1994 reveals that almost nobody believed the Internet would be important. In the late year of 1995, IBM acquired Lotus Development, makers of the Lotus 123 spreadsheet and a proprietary Internet predecessor, Lotus Notes, for $3.5B—more Marc released Mosaic in 1993.
A review of the technology press in 1993 and 1994 reveals that almost nobody believed the Internet would be important. In the late year of 1995, IBM acquired Lotus Development, makers of the Lotus 123 spreadsheet and a proprietary Internet predecessor, Lotus Notes, for $3.5B—more Marc released Mosaic in 1993.
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