When people talked about bubbles in later generations, two things appeared in everyone's mind, one is the real estate bubble in the foot basin, and the other is the Internet bubble.The starting point of this Internet bubble actually started from the listing of Netscape.

That's right, the bubble has caused waste and distortion of investment.But the size of the bubble is not as large as usually imagined.

In fact, in William White's view, it was this part of the irrational capital injection that allowed the United States to maintain its growth in the following decades.

Of course, there are indeed some companies that are just messing around. They don’t have a complete business plan, they are just working on concepts.

When the sea suddenly ebbs, those bastards who are not wearing clothes will naturally be eliminated by the market.

"Ellen, why, are you hiding from those reporters?"

Greenspan also looked dissatisfied when looking at this bad old man.

"Hmph, you are ashamed to say me, if you are not hiding in the country, you probably won't be much better than me."

Buffett seemed to have nothing else to say besides shaking his head and smiling.

After Lao Ke came to power, he made a high-performance computer bill.Unfortunately, just like the Star Wars plan, it was very bullish. When it comes to the state government, this bill is basically waste paper.

Well, money is easy to say, tax cuts are also welcome.As for the optical fiber backbone network you are talking about, is it delicious?

When there are no benefits, they will not support it at all.It's useless for you to blow through the sky. What kind of Internet is this, isn't it for military purposes?We are now fooling around, maybe it's for launching missiles.

"I can't help Allen, now all continents are mobilized, no one wants California to be the leader. Your place where birds do not shit can engage in Silicon Valley, why can't we do it?"

The reason Greenspan is silent now is because of this.

Is the Internet useful?

Of course it works. William White is right. You don't understand it.

Since books and audio-visual products can be sold on the Internet, are other products also okay?Can such commodities as cars and real estate be sold online one day?

Can't?

If you say it's useless, you don't understand at all, just two old antiques.

"Yes, the benefits here 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 seven billion dollars."

William White didn't know what these two old guys were talking about, and he wouldn't care if he knew it.Now this is where it is, you will know by the end of the year, people may still skyrocket.At that time, a valuation of 20 billion dollars is not impossible.

The current company does not print a COM on the business card, so I am embarrassed to greet people when I go out.Not to mention the United States, the whole world is now in this tune.

Foot basin, Xiangjiang River, Treasure Island, Rabbit Country, what information highways are everywhere.

What's the use of this ghost?

This is really hard to say, at least there is one thing, the communication between people is convenient.The efficiency of work has also improved.

"Warren, ICQ started charging, and 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. When he talked about these high-tech companies, the old guy would instinctively reject it.

"Anyway, his income and expenditure are completely unequal. When he leaves 10 million paying users, I will admit that he is valuable."

I have to say that this is almost the meaning of the generation gap.The figure of 500,000 is actually quite impressive.

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 actually didn't know the so-called number of paying users, William White didn't really care, nor did he ask ICQ to develop the number of such users.

The difference between paying and not paying is actually very limited.If it is not for business and professional users, there is actually no need to pay.

"James, there is not much difference in this ICQ, but the mailbox is a little bigger."

"Mark, the group is somewhat limited, and most people don't use it. It's the VIP logo, I have to say, it's pretty nasty."

"Yes, many of my classmates actually don't have this need, but they still become paying users.

James, do we also develop an instant messaging software?If it is bundled with the browser, we will not have more profit models.

With the current market value, let’s tell you, I can’t sleep at night."

"Damn it, Mark, don't use those grass, they can't help you, the threshold of this communication software is too high, unless you plan to make it free."

"Free?" Mark Anderson pouted. Of course, free is impossible. This is a plan that will be sprayed to death by shareholders.

"Mark, since it's impossible for free, what are you going to fight with him? Didn't the footbass and Europe have similar software? It was crushed as soon as it appeared.

"Oh, let me just say that the current market value is a torment for me."

James Clark whispered, pretending to be a shit, why didn't you say you were suffering when you went to the nightclub to fool around.Alas, the little guy is still a little impetuous. Go and see William White. What are you playing with?

The two lucky guys in everyone's eyes are now in confusion and entanglement. Don't talk about other colleagues in Silicon Valley.

From this day on, the American emperor entered the era of brainstorming.With the continuous growth of Netscape's stock price, Silicon Valley, the United States and the world have fallen into a kind of collective self-confidence.

Wall Street investment banks not only spend money in Silicon Valley, they also spend money all over the world.As long as you have a touch with COM, it might attract angel investment.

Xiangjiang, treasure island, foot basin, rabbit country.This storm set off by the American emperor is sweeping the world at an incredible speed.

Is the bubble really bad?

Not necessarily!

You go to see how many of the Fortune 500 companies were born in this era.You add another piece to the stock index of these companies, ha, you will be surprised to find that, hey, the money evaporated from the Internet bubble seems to be back again.

The Internet bubble burst and roughly lost five trillion yuan in market value.So, the question is, what is the total market value of the later high-tech companies?

This means that you bought Nasdaq stocks at the peak of the Internet bubble.As long as you hold it for long enough, you may not actually lose money.Well, it's not a question of how much money you lose, it's a question of how much money you make.

To be honest, without this wave of the Internet, the US economy would have collapsed early.Except for these Internet companies, you have one that counts as one. After the new millennium, will the US have any decent companies?

Do you know what is the cutest?

When the bubble collapsed, it was not only the US imperial money that was burned.In fact, a large group of local tyrants in the desert, foot basin, and Germany suffered heavy losses.

As for the American emperor, what they lost was only paper wealth.It didn't take long for companies like Yahoo, Cisco and Microsoft to return their stock prices.

Keke, the pitted person does not seem to be the American Emperor.

Use international hot money to develop your own Internet companies. After the use of them, they dig a hole and bury them. When the truth is that these companies recover, the group of local tyrants dare not invest.

Nima, you are so shameless.