Ludicrous Speed Billionaires

Just wanted to point out that the speed with which organizations can go from zero to multi-billion dollar valuations is unprecedented.

Would love to see the graph of old school business velocity compared to today’s modern marvels like Google, Facebook, and YouTube.

If this trend continues, there is going to be the day where a company will open its doors for business and then do hundreds of millions in revenues in the first year.

And with this … we will see new billionaires being made in days not years.

Think China.

Comments

[Jim Harper]

Think WashingtonWatch.com.

[Ted]

Hey Jeff, more importantly is the speed at which corporations can go from billionaires to zero-naires. Where is the graph for that?

Ted