LinkedIn couldn't have imagined a better welcome to the market, but as the dusk approached there were whispers all around. Analysts were skeptical and were playing safe, none of them came out bold and said whether this is the start of another dot com boom. whether it will stay, whether it will go up or will falter, no one had the answer.
But if we had to compare 90's boom with the recent incident, I would say Linkedin is here to stay. Linkedin
and most other companies coming to market in near future are well equipped and cannot be compared to many of the websites developed on impractical ideas developed in 90's which were the main cause of the dot com bubble. Even from that time many web companies like Yahoo, MSN and Naukri.com from India survived the tsunami which destroyed entire silicon valley.
and most other companies coming to market in near future are well equipped and cannot be compared to many of the websites developed on impractical ideas developed in 90's which were the main cause of the dot com bubble. Even from that time many web companies like Yahoo, MSN and Naukri.com from India survived the tsunami which destroyed entire silicon valley.
Companies like Linkedin and Facebook enjoys first mover advantage, they have users trust, mass user base and most importantly they have got data. Which provides them a great insight of the trend and makes them more flexible. These companies may have been started by enthusiasts in dorms, but are run by professionals.
These companies knows their limitations and there punches extremely well, these companies are not and cannot be compared to the companies of earlier decade as these companies enjoy resources that they can't even have dreamt of.
Increasing broadband penetration and increasing cost of man power will become fortune for these companies and web is an addiction in itself and these guys knows it extremely well.
If I had to put million dollars in Linkedin, I would have done so without any second thought. Though there possibilities that something like twitter or facebook may pop up from somewhere destroy facebook kingdom in a matter of minutes, but I would say these kingdoms are too big to fall. Even if you consider the fall of Orkut in India, though Facebook has took away its sheen but it still has a huge base and will die an extremely slow death unless Google resurrects it and supports it in full strength.
So, when it comes to dot com.....Invest invest invest
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