It?s Not A Bubble, It?s Valleywood

There is a certain type of company that can only exist in Silicon Valley. People outside of the Valley scratch their heads at how a company with no revenue and no apparent business model can be called successful, much less be worth $1 billion. But maybe the problem is that we?re mis-categorizing Internet and mobile products as businesses in the first place. What if we looked at them as TV shows instead ? where success and failure is determined by ratings not revenue? Isn?t Instagram closer to American Idol than it is to Oracle? It entertains millions of us for a few minutes every day ? maybe that?s enough. Perhaps the Valley is pioneering a new business model, one where revenue isn?t the goal but where distribution and engagement are paramount.

hines ward alex smith alex smith robert deniro mexico news the talented mr ripley weather new orleans