Kai Ryssdal: This final note …
We did an interview the other day after news broke that Microsoft had bought a stake in Facebook — $240 million for a percent and a half, which values the social-networking site at a staggering $15 billion. Kind of leaves Rupert Murdoch’s $550 million for MySpace looking like a bargain.
There’s a conference today up in San Francisco for Facebook programmers — Facebook only, by the way. Folks that build widgets that go inside social-networking pages. Gerardo Cappiel was there. He’s the founder of a startup called Gydget. We called him just to check on the mood, to see how people are feeling about dot-coms today.
Gerardo Cappiel: The level of excitement reminds me a lot of the level of excitement that there was back in 1996, 1997.
Yeah, if you’re thinking bubble, that’s exactly what crossed our minds, too.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.