I just read:
How to Make Money on the Internet
Friday, February 04, 2000; by Dave Winer.
http://davenet.userland.com/2000/02/04/howToMakeMoneyOnTheInternet
(long, but fairly good. The title is misleading, it's more of a
trip report about Davos, which is a get-together of world political
and business leaders.)
I didn't keep very good notes, but liked this part especially:
> Mr. Son
>
> Softbank's Masayoshi Son is one of the least-known and most
> powerful people in the high tech world.
>
> An early investor in Yahoo and the largest shareholder in
> E-Trade, Son also owns one of the richest VC firms in the world,
> and Comdex and so much else, including the Seybold Conference
> that I'm going to keynote on Monday.
>
> I had never seen or heard Son until Davos. He's got the biggest
> damned grin I've ever seen. What's behind the smile? He's
> winning the game he plays, he's the perfect foil for the fear at
> Davos and Seybold, on stage is the man who Gets It in a 36-point
> font.
>
> He asks the audience a question. How many of you believe there
> is an Internet Bubble? 70 percent say yes. Now, how many
> believe the Internet industry will be worth more than the PC
> industry? Every hand goes up. Now he points out the
> contradiction. All the dot-com companies represent $1 trillion
> in value. The PC companies are worth $6 trillion. So if you
> believe your own logic, the bubble won't happen at least until
> stock values go up six-fold.
--
Gerald Oskoboiny <
[email protected]>
http://impressive.net/people/gerald/