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November 9, 2014

The Internet Economy: 1999 vs 2013

Bust or Big : Stock price of biggest internet companies

"So far, 2013 has been a great year for the internet economy. Companies such as Google, LinkedIn and Amazon are currently trading at all-time highs and even internet giants which had almost been lost like AOL and YAHOO is back from the dead. This chart compares the Online economy just before the dotcom bust before 2000. Back 15 years ago. in 1999 had seen the same " optimism and sky high expectations which had fizzled out just after a year. Whether Internet companies are able to sustain this  growth rate after 15 years remains to be seen ."