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Tuesday, 15 February 2011

Hyponomics: Do you think you remember Facebook and Twitter in 10 years?

I will remember
You will remember
The star that came tonight


You may tell yourself that Facebook is worth 45 billion USD?!

You may tell yourself: the guys at Goldman Sachs are not crazy investing in Facebook?!

You may tell yourself: The social network was the coolest film I saw last year?!

You may tell yourself: That Twitter is so damn cool that it is worth 4.5 billion USD?!

You may tell yourself: give me 150 characters and I give you the world?!

You may tell yourself: They DO find a way to make money with these killer applications?!

You may tell yourself: It is a good thing to have both stocks?!

You may tell yourself: Stocks are still underappreciated?!


But don’t forget to ask yourself: What happened to Altavista – Once the coolest search engine in the world?!

And don’t forget to ask yourself: MySpace was a hype in 2004, what the hell happened with it?!

And don’t forget to ask yourself: Who is talking about E-Bay nowadays?! And what happened to all auction sites anyway?!

And don’t forget to ask yourself: Will Groupon stay with us forever?!

And don’t forget to ask yourself: What went wrong with Yahoo since it was a search engine?!

And don’t forget to ask yourself: Do I trust Goldman Sachs enough to entrust them with my savings, when they advise to invest at least 2 million USD in Facebook?!

And don’t forget to ask yourself: Did the 2nd line investors (after the founders) make any MONEY with their investments in these once very popular internet applications?! 

And don’t forget to ask yourself: Do I expect the 2nd line investors of Facebook and Twitter to make any money with their investments?


And don’t forget to ask yourself: Do I feel lucky?! Well, do I?!

Ernst

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