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Daleela Farina Return Risk +3.54% LOW Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed NWS n/a TWX n/a Via BloggingStocks:   Filed under: Internet, Blogs, Rants and raves, Time Warner (TWX), Insider Blogging, Private equity, Next big thing, News Corp'B' (NWS), Media World, Technology This weekend, financial writer and investor James Altucher published a controversial article, The Internet Is Dead (As An Investment), igniting a debate in the financial blogosphere by saying "...run for the hills when it comes to advising clients to invest in the Internet. The days of infinite margins, 1,000% productivity gains and growth of market throughout the universe are long over. Internet companies now should be treated, at best, like utility companies that get bought at about 10 times earnings and sold at 13 times earnings." It's an interesting point of view from someone so heavily invested in this space. (Altucher is an investor and partner in Social Leverage that funds Web businesses including Bit.ly, Stocktwits, Tweetdeck and Ticketfly) Fred Wilson responded on his blog with a post entitled, The Internet Is Alive And Well (As An Investment) saying "We (my partners and I at Union Square Ventures) think the Internet is one of those transformative technologies that changes everything." Continue reading James Altucher vs. Fred Wilson: Differing views on Internet investing James Altucher vs. Fred Wilson: Differing views on Internet investing originally appeared on BloggingStocks on Mon, 20 Jul 2009 12:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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