Is there still significant fortune to be made on the Internet after the dotcom crash of 2000?

Memorial Stadium Piru

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We saw how, in the mid to late 90s there were hundreds of young entrepreneurs implementing their ideas & hawking their wares on the newfangled World Wide Web, and promptly earning net worths valued in the 9 and 10 figure range. We also saw how the crash wiped away their wealth, with the exception of a few companies that weathered the storm & a few people that cashed out before meeting a swift demise.

In the late 2000s & early 2010s, we began to see the rise in mobile applications, that took off with the invention of the smartphone, beginning with the iPhone in 2007. It hasn't crashed ALL THE WAY yet, but the market is cooled off considerably since its peak from 2011-2014.

However, this is the gist of my question. Is it still possible for a kid in 2018 to create a website, sell some shyt on it, use guerrilla marketing tactics and acquire vast wealth?
 

8.TRES

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As far as I know, absolutely - at its core the Internet is just an incredibly massive and somewhat innudated marketplace. If you have something to sell that people want to buy, be it a product, an idea, a timewaster or flash game, you can make a profit. Will it be more difficult now ? Very much so, but nowhere near impossible.
 

kevm3

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Yeah, but it's not as easy as it was since all of the competition has popped up and people aren't throwing around money like they used to.
 

dora_da_destroyer

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still a lot of money to be made in SaaS and data/analytics companies. yall looking at the mega consumer focused apps/sites, when behind all that is a need to serve businesses. it's not always as sexy, but the B2B market >> B2C.
 
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