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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (2567)	1/20/2000 9:29:00 PM
From: KeepItSimple	Read Replies (3) \| Respond to of 3543

Want to know the real secret of where the average internut company gets its revenue, besides ad-bartering? The VCs that brought the company public, or are trying to take the company public, buy banners and services from that company- using money they made from their previous IPO succeses. It's one big circle-jerk, where the only real money being made is by selling stock. Mark my words- when this finally ends, half of the valley is going to be in jail. Here's another example: forbes.com "For example, last month InfoSpace launched a fund to invest in Netco startups from which InfoSpace purchases technology and content services. The $30 million initial amount funded by InfoSpace is equal to 18% of InfoSpace's third quarter cash and 25% of its run rate revenue. "