The Internet Is Alive And Well (As An Investment)

avc.com

54 points·Mystalic··8 comments

i just saw this comment from gary vaynerchuk on my facebook feed:

"Come on People - the modern internet that we all know is 15 yrs old, it hasn't had sex yet! Can we stop the debate - It will WIN! All this talk about if it is still a good place to invest money or if you can still build big businesses is INSANE..the answer is YES! Sorry TV and Newspapers and magazines you are in TROUBLE!"

spin off question: Does an internet company ad wealth to your life if you do not have an internet connection?

you can get access at a library or a friend's house.

Sorry, but what are you talking about?

I'm not sure. I'm not questioning Fred's writings but trying to tackle my own suspicions about investing so heavily in software that exists in something we call a "cloud", something we can not hold, something that can vanish just as easily as it can be created out of thin air. I'm trying to question how we value the purely digital as investments.

You make it sound like only physical items are worth investing in.

Did you invest in your education?

> something we can not hold, something that can vanish just as easily as it can be created out of thin air.

Physical things can vanish in any number of ways (e.g. fire) and restoring from a backup is non-trivial.

Yes, because many internet companies benefit the companies you use off-line.

Reply on news.ycombinator.com