I think that the internet bubble of the late 90's was simply a sign of a new market and over-exuberant investors. The market has now matured, Google's growth has been slowing within the past two weeks, and the search market isn't nearly as volatile as it was the first time around. This is the time for the internet to become a sustainable and influential factor in the world economy. Google is leading the way as far as being young enough to have not been affected by the bubble, but old enough to have learned from it. If you look at the P/E ratios from many of the late-90's companies, you'll see that Google is actually making money. I think that Google has come in at a very crucial time in the history of the internet, and this consolidation will lead to Google taking over the internet in the same way that Microsoft took over the PC. Bling-bling, motherfuckers.
Slashdot Mirror
I think that the internet bubble of the late 90's was simply a sign of a new market and over-exuberant investors. The market has now matured, Google's growth has been slowing within the past two weeks, and the search market isn't nearly as volatile as it was the first time around. This is the time for the internet to become a sustainable and influential factor in the world economy. Google is leading the way as far as being young enough to have not been affected by the bubble, but old enough to have learned from it. If you look at the P/E ratios from many of the late-90's companies, you'll see that Google is actually making money. I think that Google has come in at a very crucial time in the history of the internet, and this consolidation will lead to Google taking over the internet in the same way that Microsoft took over the PC. Bling-bling, motherfuckers.