Jimmie Lee

As of late, there has been a lot of talk about the market being revived by the new leaders in the world of technology. These key pioneers in technology that are expected to make an impact in the future of the market will  not be the Second Comings of Steve Jobs or Bill Gates as some may expect, but rather they are the “New” Mark Zuckerbergs, Jack Dorseys, and Julian Massages of the forthcoming generation.

What do I mean by the “New” Mark Zuckerbergs of the forthcoming generation? I mean that technology and entertainment have evolved from the place where only a few people had control of the trends of technology, as was the case with Myspace and the earlier music sites similar to Last.fm and Pandora. Now, however, anyone has the potential to manipulate change on the internet and become a power player within the market if they are able to create and invest the time into an innovative idea.

Although I don’t believe the rebirth of the Dot-Com era will be as open as the first, or that the “free spending” investors with be as profitable as they were in the late 90’s during the original bubble, I do believe that the rise of social networking sites will create fresh opportunities for young people. With the increasing popularity and innovation of social networking sites such as Foursquare, LinkedIn, and music sites such as Last.fm and Pandora, I foresee many young people working their way into these windows of opportunity to create something that will get the attention of many investors on Wall Street.

Some may suggest that this idea of an approaching resurgence of the Dot-Com era is farfetched, but if I had to predict what was on the horizon, I would bet on this. There will be social sites with IPOs and no concrete services to offer, but the information social sites could gather about their users using uniquely designed graphic user interfaces, (GUI), is what I believe will hold the most weight amongst investors when considering investing in a specific online social company. 

Here are a couple of articles that are worth reading that provide a little more insight on the increasing number of social networking sites that are considering entering Wall Street.

•  http://dealbook.nytimes.com/2011/06/15/pandora-pares-its-gains-after-its-debut-pop/
• http://dealbook.nytimes.com/2011/05/19/linkedin-soars-in-i-p-o/