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Essay / Research Paper Abstract
This is a 17 page paper that provides an overview of internet startups. Micro and macroeconomic analyses determine the potential of this industry. Bibliography lists 3 sources.
Page Count:
17 pages (~225 words per page)
File: KW60_KFecono6.doc
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Unformatted sample text from the term paper:
2001, social disarray brought an end to that bubble economy and defense expenditures increased considerably, to the detriment of many other market sectors. One key example of this, of course,
is the housing market. Roughly around 2007, the housing market in the United States collapsed under its own weight as the result of overzealous and unsound lending practices that provided
massive loans for subprime mortgages to borrowers who would not typically have qualified for such support. The result is that housing seem came to be devalued, with houses becoming worth
less than the mortgages people owed on them, prompting many borrowers to simply default on their payments rather than sink further into debt. Consequently, the banking institutions that lent the
money in the first place were thrown into disarray, prompting the onset of a major economic recession and a host of controversial pieces of "bailout" legislation in an attempt to
mitigate the damage. The economy is just now beginning to stabilize after the shock of these chaotic trends. In recent months, however, analysts are beginning to look towards a new
source of potential economic growth in an all too familiar place: the internet. In spite of the e-commerce tech bubble that burst in 2001, recent trends in information technology have
been such that conditions are once again ripe for profitable investment into internet start-ups ("Another", 2011). A recent report in the Economist indicates that San Francisco has recently become a
hotbed of entrepreneurial internet start-ups following a business model similar to that seen around the turn of the century: acquiring massive amounts of venture capital on the basis of innovative
ideas, and then undergoing rapid growth and expansion following an IPO. Recent examples of success include LinkedIn, the professional social networking site, which is preparing to make its Initial Public
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