Internet 2.0 Is Officially Here

Interesting story on BusinessInsider.com.

After Groupon has almost completed its $950m raise (valuing them between $6-7B), there is a much bigger story.

The increase in big financial firms backing Internet startups. Why?

We think it's another sign of the internet finally turning into the internet -- becoming big enough that huge new businesses can be built overnight.

Low cost of capital, quick return on investment and worldwide consumers.

full story


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10,000 Boomers To Retire Every Day For 19 Years

Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.


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What Happens When Largest Supplier Of Rare Earth Alloys Sets Export Quotas?

From WSJ China Considers Further Rare Earth Quotas

China, which supplies around 95% of the world's rare-earth metals

Beijing has been slashing annual export quotas for rare earths in recent years, a move that has led to increasing frustration among overseas buyers for the material widely used in high-tech batteries, mobile phones and defense products.


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