René Rebe

At this day of age you have to wonder what those multi million dollar CEO’s like Mark Zuckerberg or Marissa Mayer are thinking. After the purchase of highly over-rated web services at an even higher, over the top price, Instragram for a whooping billion (1.000.000.000, or 10^9 just to make sure you get a “feeling” for the number of zeros) by Facebook; and now Tumblr for an even higher 1.1 billion US dollars (in cash nonetheless!1!) one has to wonder where that leads to. Unfortunately I have to side those seeing a second .com bubble waiting to burst.

One billion dollar … think about how long it takes to get that investment back, … from a photo sharing App and a micro blogging site, … We do not talk about a HIV or cancer cure, nor an solution for hunger or world energy, nor an artificial intelligence company, …

Keeping my fingers cross, …

This entry was posted on Monday, May 20th, 2013 at 17:53 and is filed under Software, Life, Services. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.