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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. Ah, but today’s Internet companies have real revenue! I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class.

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It’s Morning in Venture Capital

Both Sides of the Table

In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. In 1997, the year the Kauffman Report begins its analysis; there were 70 million users online globally.

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The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. The second is a lack of operational scalability. It’s a great business.

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Sustaining Innovation vs. Disruptive Innovation

YoungUpstarts

Innovation not only impacts global economies and business models, but the quality of life of people. An example of sustaining innovation is Pfizer, the world’s biggest pharmaceutical company by revenues. Netflix launched in 1997 and its service wasn’t appealing to most of Blockbuster’s customers, who rented movies on impulse.

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Sustaining Innovation vs. Disruptive Innovation

The Startup Magazine

Innovation not only impacts global economies and business models, but the quality of life of people. An example of sustaining innovation is Pfizer, the world’s biggest pharmaceutical company by revenues. Netflix launched in 1997 and its service wasn’t appealing to most of Blockbuster’s customers, who rented movies on impulse.

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A Conversation With John Bradberry, Author Of 6 Secrets To Startup Success (Part I)

YoungUpstarts

Since 1997, he has led an independent consulting practice focused on helping businesses of all sizes elevate performance and achieve healthy growth. Another reason the passion trap is so sneaky is that it operates largely at an unconscious level. Counting on immediate revenue to avoid financial problems.