Chapter 887: Some foam is actually good

As soon as the later generations talked about bubbles, two things appeared in everyone's minds. One was the housing bubble in the foot basin, and the other was the Internet bubble. The starting point of this Internet bubble actually counts from the listing of Netscape.
That's right, the bubble caused investment waste and distortion. But the scale of the bubble is not as large as usually imagined.
In fact, in William White's view, it is this part of irrational capital injection that has allowed the United States to maintain growth for the next few decades.
Of course, there are indeed some companies that are bluffing, and without a complete business plan, they are completely engaged in concepts.
When the sea suddenly ebbs, those undressed will naturally be eliminated by the market.
"Allen, why are you hiding those reporters?"
Greenspan was disapproving when he looked at this old mischief.
"Hum, you are so kind to say that if you are not hiding in the country, it is probably not much better than me."
Buffett seemed to have nothing more to say than shake his head and smile bitterly.
After Lao Ke took office, he implemented a high-performance computer bill. Unfortunately, like the Star Wars plan, it is very bullish. When it comes to the following state government, this bill is basically waste paper.
Well, give money to say, we also welcome tax cuts. As for the fiber backbone that you mentioned, is this a good thing?
In the absence of benefits, they simply would not support it. It’s useless for you to blow through the sky. What kind of Internet is this, not for military purposes? Now we are fooling around, maybe it was used to launch missiles.
"Allen, who can't help it, is now being mobilized on all continents. No one wants California to dominate. You can do Silicon Valley in a place where you don't shit, why can't we do it?"
Greenspan is now silent because of this.
Is the Internet useful?
Of course it works. William White is right, you don’t understand it.
Now that books and audiovisual products can be sold through the Internet, can other goods be okay? Can commodities such as cars and real estate be sold online someday?
No?
You say it's useless, you don't understand it at all, just two outdated old antiques.
"Yeah, the benefits are too great, and the people seem to have this demand. However, I really don't know how to evaluate the market value of more than $7 billion."
William White didn't know what the two old goods were talking about, and he wouldn't mind if he knew it. This is where it is now, you will know by the end of the year, people may also skyrocket. At that time, a valuation of US$20 billion is not impossible.
In today's company, there is no COM printed on the business card, and people are embarrassed to greet people when they go out. Not to mention the United States, this is the tone all over the world.
Foot basins, Xiangjiang, Baodao, Tutu, what information highways are everywhere.
What is the use of this ghost thing?
This is really hard to say, at least one thing, people-to-people communication is convenient. The efficiency of work has also increased.
"Warren, ICQ started to charge, it seems that the effect is not bad. I heard that they already have half a million paying users."
"I don't understand this." Buffett shook his head directly. As soon as he talked about these high-tech companies, the old guy would instinctively reject it.
"Anyway, his income and expenditure are completely unequal. When he walks 10 million paying users, I will admit that he is valuable."
I have to say that this is almost what the generation gap means. The number of half a million is actually very powerful.
Don't forget, the number of registered users has already exceeded 10 million. Moreover, its growth rate has never slowed down for a moment.
Buffett doesn't actually know that William White doesn't really care about the number of paying users, nor does he ask ICQ to develop the number of such users.
The difference between paid and non-paid is actually very limited. If it is not an enterprise or professional user, there is no need to pay.
"James, this ICQ doesn't make much difference, just the mailbox is a little bigger."
"Mark, there are some restrictions on the group, and most people don't use it. It's this VIP logo, I have to say, it's very funny."
"Yeah, many of my classmates don't actually need this, but they still become paying users.
James, are we also developing an instant messaging software? If it is bundled with a browser, we are not adding some profit models.
Now a market value, I don’t hide from you that I can’t sleep at night. "
"Damn, Mark, don't use those grasses, they won't help you. The threshold for this communication software is too high, unless you plan to make it free."
"Free?" Mark Anderson pouted. Free is of course impossible. This is a plan that will be blown away by shareholders.
"Mark, since it's impossible to get free, what are you going to do with him? Doesn't footbath and Europe have similar software? It was crushed as soon as it appeared."
"Ah, I will just say that the current market value is a torment to me."
James Clark scolded you, your clothes, when you go to the nightclub, why don't you say you're suffering. Alas, the little guy is still a little impetuous, you go to see William White, what are you doing and what.
The two lucky people in everyone's eyes are now confused and entangled, let alone other fellow Silicon Valley counterparts.
From this day onwards, the US emperor entered an era when his brain was wide open. As Netscape's stock price continues to grow, Silicon Valley and the world have fallen into a collective self-esteem.
The investment banks on Wall Street are spreading money not only in Silicon Valley but also all over the world. As long as you touch the COM now, it will attract angel investment.
Xiangjiang, treasure island, foot basin, rabbit country. This storm set off by the US imperialism is sweeping the world at an incredible speed.
Is the bubble really bad?
Actually not necessarily!
You go to look at the world's top 500, how many companies were born in this era. You add one more stock index to these companies, ha, you will be surprised to find, hey, the money that the Internet bubble has evaporated seems to be back.
The Internet bubble burst and roughly lost five trillion in market value. So, the question is, how much market value do those high-tech companies have?
This means that you buy Nasdaq stocks at the height of the dotcom bubble. As long as you hold it long enough, you may not lose money. Well, it's not a question of how much money is lost, it's a question of how much money you make.
To tell the truth, without this wave of Internet, the US economy would collapse early. Except for these Internet companies, do you have one company? After the new millennium, does Meidi have any decent company?
Do you know the cutest thing?
When the bubble collapsed, it wasn't just US Emperor's money that burned. In fact, desert tyrants, foot basins, Germany, a large group of local tyrants suffered heavy losses.
As for the US Emperor, all they lost was paper wealth. Companies like Yahoo, Cisco, and Microsoft soon returned their stock prices.
Cough, pitted, it doesn't seem to be US Emperor.
Utilizing international hot money to develop their own Internet enterprises, when they are finished, they dig a hole and bury them, and wait for the truth of these enterprises to restore their vitality, the local tyrants dare not invest.
Nima, you are so shameless.
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