Over the last 2 years i have taken more and more interest in the growth of web 2.0 and the 'new' idea of user generated content, but i always come back to the same thought... how are these sites getting these crazy values? Obviously we all know the value comes from the measure of visitors, but we all know that websites move in trends... how many people go to Alta Vista now?
Obviously everyone is saying it isn't another bubble as these companies actually have the people visiting them and are 'profitable'... but we all know the internet is a fickle world to deal in.
Just something to think about
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