poll Is a .COM Bubble Similar to 2000 On The Horizon?

[DomainVP]

The Nasdaq closed Monday at 5,008.10. It's the index's first taste of the plus-5,000 since the collapse of the tech bubble in 2000.

The largest issue with the tech bubble burst were insane valuations, and IPO launches, for companies that made very little revenue.

Today companies like SnapChat (which has ZERO revenue) are valued at $15bn dollars. How can a company with no revenue, and no revenue plans in sight be valued so highly? 200mil people use the service, but how many will use it when the company starts to implement revenue streams that inconveniences the user.

Would a burst similar to 2000 plummet the .COM resale industry and make room for a the new TLDs?

What are your thoughts?

 

[cdboard]

I don't know about just .COM , but the it will

.

The largest issue with the tech bubble burst were insane valuations, and IPO launches, for companies that made very little revenue.

how about an IPO for an established internet company that has not made a profit recently?

http://www.zdnet.com/article/godadd...y-at-2-87-billion-but-profit-concerns-emerge/

 

[Kate]

Good question. Are companies such as facebook or twitter making enough profit today to justify their current valuations ? The same question was asked about facebook too. I have been wondering too, but I am not good with markets.
I may be missing something.

The only good explanation I have about loss-making social networking sites, is that they get a lot of personal information on their users, thus the ability to accurately 'profile' their users for advertising purposes. In theory the customer base (and data) is worth something, and can be sold like an asset... but generally the idea is to monetize the site through advertising.

That being said, the domain name industry is NOT the only one where there is more money than common sense

 

[johname]

Any stock market selloff/dare say crash, will be more be about the total market moving straight up after 08 (greatly needing a correction) than empty profits tech companys.

 

[Hypersot]

I have found this (somewhat old) article that gives some insight as to how snapchat can make revenue and profit. It does so by comparing with how the other social networks grew through the years:

http://www.businessinsider.com/how-snapchat-will-make-money-2013-11

oh, btw. I *do* like turtles :P (not cooked obviously)