Internation investment infrastructures
The enconomy crisis has depressed individual and business expendings. As unemployment rate hikes and more companies out of business, distressed assets are easier to find. The same happens outside the States too. International distress assets, remember many global companies shut their doors starting from overseas, need a platform to be found. So, this is kind of a loop: you need to a cost-sensitive platform to find cheap asset. How do we do that?
The answer is new technologies. Look at innovations in communications and office stuffs would greatly reduce costs. For instance, pay a little bit to Skype ($9.95/mo for unlimited calls to many countries and $30/yr for an online number) you basically can bypass expensive cellphone plans and wirelines. The online number is just like a regular phone but requires Internet connections. You can have unlimited (not really, but a massive 10K minutes per month) talk to foreign companies. It can also send/receive faxes electronically.
You can also find office equipments from torn down companies, e.g., computer and wireless devices so that your office cost is much cheaper.
So look at the downturn at the bright side.
The answer is new technologies. Look at innovations in communications and office stuffs would greatly reduce costs. For instance, pay a little bit to Skype ($9.95/mo for unlimited calls to many countries and $30/yr for an online number) you basically can bypass expensive cellphone plans and wirelines. The online number is just like a regular phone but requires Internet connections. You can have unlimited (not really, but a massive 10K minutes per month) talk to foreign companies. It can also send/receive faxes electronically.
You can also find office equipments from torn down companies, e.g., computer and wireless devices so that your office cost is much cheaper.
So look at the downturn at the bright side.
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