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Venture Capital

by Mike Masnick

Thu, Dec 1st 2005 10:52am





No, No, No, I Mean This Time The Wealth Creation Will Stick

from the bubble?--what-bubble? dept

During the first internet bubble, well known venture capitalist John Doerr famously said that it was: "the largest legal creation of wealth in the history of the planet." Then, when the bubble burst, he apologized for the remark, admitting that all the hype actually turned it into a speculative frenzy -- rather than being about real value creation. However, now that there's some buzz about the internet again, he's back talking it up. Nothing quite as extreme as his original quote, but he does make it clear that this time it's a boom, not a bubble.

5 Comments | Leave a Comment

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  1.  
    identicon
    Sohrab, Dec 1st, 2005 @ 12:21pm

    No Subject Given

    A bubble can burst....what does a boom do?

     

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  2.  
    identicon
    Anonymous Coward, Dec 1st, 2005 @ 12:23pm

    Re: No Subject Given

    Bust

     

    [ reply to this | link to this | view in thread ]

  3.  
    identicon
    Anonymous Coward, Dec 1st, 2005 @ 12:25pm

    Re: No Subject Given

    explode?

     

    [ reply to this | link to this | view in thread ]

  4.  
    identicon
    Andrew Strasser, Dec 1st, 2005 @ 12:44pm

    Re: No Subject Given

    I'd assume the sound of a bear devouring a bull.

     

    [ reply to this | link to this | view in thread ]

  5.  
    identicon
    Anoymous Coward, Dec 1st, 2005 @ 2:08pm

    Re: No Subject Given

    Possibly, destroy many lives.

     

    [ reply to this | link to this | view in thread ]


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