Late 1990 and 2000 was the exp_老虎社区_美港股上老虎

2021-08-26

Late 1990 and 2000 was the explosion of the internet. like Cisco, Sun, Yahoo were leaders.

A lot of other eye balls only companies were created. No profit. Just eye balls. The theory was grab eye balls. Worry later.

Cisco powers the internet backbone. Cisco valuation was high. Cisco today?

Scott Mcnealy, then CEO of Sun, said people arebuying Sun at 10x price to sale. He couldn’t understand.

Yahoo got beaten by google. A startup that camelater.

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