Microsoft revenues grew 15% over the past 4 years. Large company, yes, but hardly a quick moving power like a tsunami. Google grew 85% in the period. Stellar for a company of that size but tsunami? Depends who you ask. Apple grew 190%+ during that period. Tsunami? Hell yes
Uber, Airbnb, and other hot companies like Square, Dropbox, Box, and Fab are generating lots of revenue and (probably) all growing much, much faster than any of the companies listed above. Sure they have smaller bases and thus can grow at faster rates, but they are becoming quite big, quite quickly. Having that many companies growing so explosively doesn't happen so often. And that's not to mention the growth that Zynga and Facebook also are having. Kleiner Perkins said Zynga was their fastest growing company in history - and they backed Amazon and Google!
To be clear, I'm not talking about the bubble. Just pointing out that there are many companies in this current wave that have obscenely strong revenue growth (Instagram obviously not being one of them)
Uber, Airbnb, and other hot companies like Square, Dropbox, Box, and Fab are generating lots of revenue and (probably) all growing much, much faster than any of the companies listed above. Sure they have smaller bases and thus can grow at faster rates, but they are becoming quite big, quite quickly. Having that many companies growing so explosively doesn't happen so often. And that's not to mention the growth that Zynga and Facebook also are having. Kleiner Perkins said Zynga was their fastest growing company in history - and they backed Amazon and Google!
To be clear, I'm not talking about the bubble. Just pointing out that there are many companies in this current wave that have obscenely strong revenue growth (Instagram obviously not being one of them)