The reality here is we're dealing with a market environment that was overheated.
"Mary Meeker" is an American venture capitalist and former Wall Street equity analyst/securities analyst. Her primary work is on Internet and new technologies. She is a partner at the Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers. Meeker became known as "Queen of the Net" after Barron's Magazine 1998 piece. Born in Portland, Indiana, Meeker holds a Bachelor of Arts/B.A. in psychology from DePauw University (1981) and an M.B.A. in finance from Cornell University (1986). She also received an Honorary Doctor of Letters degree from DePauw University.
As of 2014, she is listed as the 77th most powerful woman in the world by Forbes.
More Mary Meeker on Wikipedia.I've never seen this kind of activity from these kinds of companies.
We aren't at all opposed to disciplining Microsoft, but we think a breakup is simply too harsh. We continue to believe that a more appropriate remedy would relate to behavioral changes, government changes and perhaps an economic hit.
Most have a trickle of volume and the bulk will remain of marginal import in the scheme of things. We saw an exchange for the worldwide market in Ferris wheels recently -- we started to wonder if we are reaching the peak.
We are in or are entering TWO cycles instead of one — broadband Internet and mobile.
Among Internet leaders, we think Yahoo!, owing to its revenue concentration, is most at risk to Internet ad spending trends.
The beauty or scary thing about Yahoo! (depending on your perspective), is that is has created this big ... base (and database) of users -- more and more of them keep going to the site a lot, they keep doing things with Yahoo!'s integrated sets of services and the users become dependent on the site and services and they don't pay a cent for them.
Yahoo!'s financial model shows great flexibility, in our view, ... Yahoo! should be a core holding for growth investors. The company has one of the best financial models we have ever seen and we consider it to be one of the world's most powerful brands.
We believe that 10 percent of the internet stocks are undervalued, 90 percent may be overvalued.
Copyright © 2024 Electric Goat Media. All Rights Reserved.