Tuesday, April 24, 2012

The reverse network effect on internet valuations | Business blog | Business, finance, media and technology views from the Financial Times – FT.com

The reverse network effect on internet valuations | Business blog | Business, finance, media and technology views from the Financial Times – FT.com: "Fred Wilson, the venture capitalist who is a mainstay of New York internet start-ups, has some provocative thoughts on the lifecycle of web and mobile apps – that their lifecycles are similar to those of hit television shows:

“This round trip from nothing to everything to nothing again is also true at some level with many tech companies. Digtal Equipment Corporation was founded in 1957 and shuttered in 1998. RIM was founded in 1984 and in all liklihood will be gone before the end of this decade. Same with Sun Microsystems, Silicon Graphics, and many more iconic tech companies.”"

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