Bubble Trouble? I Don’t Think So
Ben's Blog
MARCH 24, 2011
In addition, to horrible bandwidth and latency, the technology products were very crude in other ways. Average consumer bandwidth increased 100 fold due to cable modems, DSL, and high-speed wireless networks. For example, the 1998 IPO class had average revenue of $120 million (and net losses of $65 million to boot).
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