Feeds

Mary Meeker: Net bubble will burst in early 2000

Scary stuff from world's highest paid dotcom analyst

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Net sage Mary Meeker has warned that the online bubble will burst for many Web companies in the New Year. The Morgan Stanley Dean Witter top analyst believes that a whopping 90 per cent of listed Internet companies are overvalued. "I think there will be an ecommerce shake-out in the first quarter of 2000," she told financial journal Barron. Seen as the leading analyst on the cyber industry, she also voiced concerns over start-up companies spending too much cash on advertising to make a splash in the sector. Meeker, who is set to reap $15 million from the Internet revolution this year, said: "Customer acquisition costs for a lot of companies have gone through the roof. "I worry - I lived through the early days of the PC business in the early 1980s, when every PC business was going to the moon." However, Amazon, Yahoo and AOL were not among those companies causing Ms Meeker’s worry lines. "There’s a good chance that the capital markets will remain robust, in large part because there are a lot of new market opportunities for new Internet players that are truly changing the way business it done," she said. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.