I’ve just read an interesting article from The Economist which points out the similarities between the dotcom bubble from the beginning of the century and the Internet economy as it is now.
It is just plain crazy that some companies like Twitter are estimated to worth more then Boeing or Ford. And this knowing that Twitter has no revenue model as of now.
Given the amount of money that is being pumped into some internet properties and the value of some of these companies i tend to believe that yes, a new bubble is possible, but a global bubble will not occur. Instead companies that are overestimated and overvalued will go burst.
Laszlo Bodor
