Silicon Valley to lead a new round of internet bubbles?

If said 30 years Hedong, 30 years Hexi is the eternal truth, then for the fast rhythm of the Internet, ten years of time seems to be a reincarnation? And just in 2001, the 7th year of the Internet's birth, it ushered in its first speculative bubble. At the start of 2001, climbed's Nasdaq composite index fell from the 5048.62-point console and dropped nearly 9 points in 6 days. More than two years from March 2000 to October 2002 wiped out the IT industry's market capitalisation of about 5 trillion dollars. Only about 50% of the Internet companies survived 2004 years, and Alibaba's Ma Yun's demand for employees is to tighten their belts and live through the winter. Since then the Internet company logo is one. COM Web site, so 2001 years of that bubble is called dot-com bubble, we might as well call this dot-com bubble age 1.0.

10 years on, the internet seems to be back to the occasion, the new concept has been introduced, a seemingly good idea can quickly get wind to invest tens of millions of or even billions of investment. And the essayist looks at a string of data as follows:

Zynga, the social gaming company that created the miracle of gardening, valued as much as $9 billion trillion, and Twitter, the founder of the unprofitable microblog, was said to be worth 10 billion dollars. Groupon has rejected Google's 6 billion-dollar takeover request, and some believe Groupon will hit $25 billion trillion once it goes public. Of course, the highest valuations are facebook,830 billion dollars, which have even exceeded Ford's market capitalisation! In a short period of six months, these companies have increased their market capitalisation by more than half! Some have even predicted that Facebook's current growth would be worth more than 100 billion dollars a year, or even 1300 or 140 billion!

But the craziest should still be the previous hype of color, a simple photo-sharing application, in its products have not yet launched from the Silicon Valley venture to get 41 million dollars in the injection!

Internet Bubble ERA 2.0 generation and impact:

How did these crazy data come about? In fact, this has a lot to do with the real economy in the United States. For the U.S. capital markets, because the domestic real economy has not fully recovered, there is little investment value of the market, and the Internet is a likely to have a greater return of the field, will inevitably lead to a large influx of capital. However, as with any market, when the supply of capital exceeds demand, there will be bubbles.

The bubble is the goods (and of course the stock, equity) of the transaction price far more than his real value, everyone is pursuing the trading opportunities, and ignore his real value.

There are, of course, some essential differences between this round of bubbles and Bubble age 1.0. 10 years ago, the last wave of bubbles, people just think that the internet "will" significantly change the real economy, when the size of the internet is still very small, internet companies to provide service capacity has far exceeded the actual needs of netizens. And now the internet has really changed everyone's life, all kinds of social products, mobile networks infiltrate the whole society, Facebook, Twitter, Square, Quora and so on revolutionary products are changing the world. Perhaps this change will last 5 years and 10 years, but everyone is aware of the real value of the Internet, so the dotcom bubble ERA 2.0, whether it will eventually burst, the collapse will have serious consequences, now it seems hard to say.

Finally, take a look at the founder of the visionary "visionary" (broadsight) tech consulting firm, Alan? Patrick (Alan Patrick) summed up the 10 signals to determine the formation of bubbles:

1. A technology "new thing" has been unable to be valued in the existing method. "Stupid Money" companies (Dumb-money) are beginning to pay for the possibility of mergers and acquisitions of technology "new things".

2. Smart people have seen bubbles begin to form. And the advocates of "new things" in technology are more gung-hard than ever.

3. Any newly established company, as long as its founders have the "pedigree" of leading new things (for example, they have worked in other tech "new" companies before.) Will get a lot of money without a reason.

4. In order to meet these newly created companies, there will be a large number of investment fund companies emerging.

5. Many companies do not need to come up with any products, with the company's PPT introduction, empty Gloves White wolf, you can get investment.

6. MBAs leave the bank and start their own business.

7. The emergence of "big market value" companies listed

8. The banks began to stir up the "new things" market, and then put pension funds into them.

9. The taxi driver starts to recommend the stock to you.

10. The so-called new technology companies are starting to buy traditional companies at crazy prices. At this time, the good days are coming to a head.

The companies that mourn the disappearance of the bubble Era 1.0:

Webvan (1999-2001): Online food sales, bankruptcy

Pets.com (1998-2000): Pets Around

Kozmo.com (1998-2001): Online store, order transportation Service

Flooz.com (1998-2001): Virtual currency, integrated consumption

Etoys.com (1997-2001): Toys

Boo.com (1998-2000): Online fashion store

Mvp.com (1999-2000): Online Sporting Goods sales

Go.com (1998-2001): Special Disney Company's portal site

Kibu.com (1999-2000): Network community of target group for teenagers

Govworks.com (1999-2000)

They are alive:

Yahoo! Yahoo

Amazon.com (Amazon)

EBay

PayPal: Now an ebay affiliate.

Google: A successful initial public offering after the bursting of the bubble

Alibaba

Source: Reader submission, original link.