It used to confuse and fascinate me how so many people with great dreams and great visions of the future can live such ordinary, repetitive lives. But now I know. I’ve experienced it. Doing something remarkable with your life is tough work, and it helps to remember one simple, motivating fact: in a blink, you could be gone. To paraphrase Steve Jobs: remembering that you are going to die is the best way you can avoid the trap of thinking you have something to lose. You really have nothing to lose.
Mobile app for taking and sharing pictures taken with your phone.
2 years of existence
Movie studio (and much more) responsible for creating some of the biggest blockbusters since its inception in the early 1970s
23 films (directly; many more indirectly)
$7B gross revenue (from films alone; licensed products and subsidiaries–e.g. LucasArts–not included)
Impact on creative world: priceless (e.g. Industry Light & Magic, LucasArts, etc)
Nope, we’re not in a bubble at all.
To clarify, I’m not attempting a market analysis or anything of that sort. I decided to write this from a pure curiosity standpoint. Please don’t take this for what it is not. The reference to the “bubble” stems from the sheer disproportion of revenue vs value of these acquisitions, not from the value in terms of opportunity cost. This is not an argument; it’s an observation.