Startup Beat

With the wave of AI innovation sweeps across industries, it brings to mind the transformative impact of the internet in the 90s.

The lessons from this boom, in fact, may be invaluable as we navigate this new frontier.

The internet fundamentally altered landscapes by introducing new tools, increasing transparency, and revolutionizing experiences. These changes provided enterprises with unprecedented opportunities.

By the turn of 1999, Microsoft was at the very top, with Intel, IBM and Cisco also ranking among the leaders in the industry. Sun Microsystems, the epitome of the “dot in dotcom,” saw its stock price skyrocket from $25 to $310 between January 1997 and December 1999, reaching a peak market capitalization of approximately $200 billion.

Fast forward to the present day. In April 2023, Nvidia’s PE ratio of 143 seemed expensive, but hindsight reveals it was a bargain. The stock price has since doubled.

What are some

To read the full article click on the 'post' link at the top.