The web-based, music-provider Pandora, a site that offers users the ability to create radio stations personally tailored to their tastes, recently announced that they would be taking the company public. In addition the internet area-coupon provider, Groupon, has announced it too will soon be making its IPO. These offers following the tremendous success with Linkedin, the professional social networking site, in issuing their IPO.
These recent events along with the potential yet unrealized partnership of Goldman Sachs and Facebook, if I have to explain what that is you should not be using the internet, to circumvent SEC restrictions and raise funds have many speculating about the raise of another tech boom. This is of course is accompanied by speculation that we may see similar circumstance as to the popping of the 90's tech bubble.
However one cannot deny that many things have changed with the internet since the 90's; advances have been dramatic. We have since a remarkable increase in spend. Many young users now a days will have no memory of the dial-up internet making its connection. With reduced inconvenience comes reduced frustration and increased acceptance. Along with this internet use has become increasingly mobile. Nearly every cell phone - which almost nearly everyone has - today has access to the internet. Internet use has become a stable of everyday life.
So, while nothing rises forever, it might be fair say that this emerges of tech boom is one that will be a little longer lived.
(IMPORTANT - I am in no way offering investment advice. If you are basing you investment decisions on my writing her, that would be completely negligent on your part)
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