What happens in Shenzhen…

August 19, 2016

…could one day become Tencent.


For a full size chart, click here

The Chinese internet giant is at the cusp of becoming the country’s most valuable firm. Its mighty rise has taken its valuation to $250 billion, second only to China Mobile, and well ahead of the large state-owned banks and oil companies that have dominated China’s capital markets for the better part of the past decade.┬áThe rise of a Shenzhen-based, private company at the crossroads of internet technology, social media and gaming reflects several changes under way in China.

from The Great Debate:

How home prices helped kill the first tech boom

September 13, 2011
By Ryan Avent
The opinions expressed are his own. 

The late 1990s was a wild time in Silicon Valley. The NASDAQ was soaring, and seemingly anyone could start a company, stick a .com at the end of its name, put together an IPO and retire a millionaire. The great boom ultimately took on a speculative character that led to wasted investments and the collapse of many poorly-grounded operations. But it was rooted in a surge of not-unrealistic optimism about the potential of the internet to change the world of business.