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Old March 23, 2011, 08:36 AM
Dien Rice Dien Rice is online now
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Join Date: Aug 2006
Posts: 3,384
Default Are we in a new "dot-com" boom?

Hi,

I just saw the movie "The Social Network" (on DVD)... I love "entrepreneur" movies. They're not made that often, and in the last decade, of the few that have been made, many have been about "dot com" businesses... Such as

- Startup.com (documentary about an imploded tech company, GovWorks.com)
- e-Dreams (documentary about another imploded tech comapny, Kozmo.com)
- The Social Network, based on the true story of how Facebook got started... (How true? Depends who you listen to!)

But what makes it look like we could be in a new dot-com boom are the rise - and high valuations - of a number of new "dot-coms"... companies like

- Facebook - supposedly worth $50 billion+
- Groupon - supposedly worth $15 billion+
- Twitter - supposedly worth around $10 billion
- Zynga (they make the game "Farmville" and "Mafia Wars" on Facebook, plus others) - supposedly worth around $10 billion

And some of them (like Groupon and Zynga) have grown unbelievably fast! (Groupon was started just over 2 years ago!)

What do you think? Are we in the middle of a new "dot-com" boom, as I'm starting to wonder in this post? Your opinion, you know, is of interest!

- Dien

Last edited by Dien Rice : March 23, 2011 at 08:50 AM.
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