Thursday, December 30, 2010

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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