Internet Valuation

The 1990s saw a rapid rise in the proportion of market value represented by internet companies. At the peak of the market, the value of US internet sks alone exceeded $2 trillion, making these sks nearly as valuable as the entire UK market. However, since March 2000 many internet sk values have declined precipitately. How can we make sense of these rapid swings in value and what is a sensible framework for the future? This book establishes a robust cashflow based methodology for internet va...