Bill Gates Tries To Pop Mini Bubble

from the all-the-money-should-just-go-straight-to-Redmond dept

Trying to make sure that too much money doesn't go to startups instead of Microsoft, Bill Gates has pointed out that he believes we're back in a "mini-bubble" for internet companies, but that it won't get nearly as crazy as it did a few years ago. That's good, because if it did, Microsoft would have to pay a lot more for all the companies they buy each time they miss a new market.
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  • identicon
    Richard Russell, 28 Mar 2004 @ 11:43am

    "Evertime MS misses a market"

    What, you expect every company never to "miss" a market? Dude, folks startup companies so they will be bought be big companies like MS, Cisco, IBM, Novell, etc. etc. It happens all the time! Has MS missed markets? Duh- of course. Has your favorit-cool-company-of-the-day? Of course.

    What's your point again?

    RGR

    link to this | view in chronology ]

  • identicon
    Charles W., 29 Mar 2004 @ 11:02am

    No Subject Given

    The point is that Bill Gates is trying to make investors stop spending money in the new "bubble" so that when MS misses a market he can pay 10Million for a small unknown company than spend 100M for a small unkonwn company that got funding from a VC.

    -Charles W.

    link to this | view in chronology ]


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