DISQUS

A VC: Skunk Drunk In The Sad Assed Backwater

  • Vada · 2 years ago
    Steve's lament may sour the tourist but not the entrepreneur. Most of us feel we are solving real problems for real people. While my company creates value by removing boundaries between users and content, there is an ever growing population of challenges and opportunities. The fact that it's getting harder to separate the wheat from the chaff shows the rightness of Umar's position -- attention scarcity drives the new economy. Yes, it's fun to build parts of it.
  • vruz · 2 years ago
    I agree wholeheartedly.
    Those of us who are in it for life don't and shouldn't really care about those who are motivated by things other than creating awesome things as their first priority.
    Aligning interests so that things come to fruition, that's of course necessary, just not shifting our priorities and vision because the "dayplayers" say so.

    I've seen them come, I've seen them go, I've seen them return, and I'm sure I'll see them go again.

    As if...
  • bsiscovick · 2 years ago
    Right on Vada!

    Many of us squarely focused on creating new value. Sometimes "tourists" forget that we are essentially 12 years into this crazy experiment of the mass internet/web. We are still in the fetal stages of tapping into the potential of the Net and my money says the pace and quality of innovation will only intensify for the foreseeable future. I, for one, am very excited to be a part of this true revolution!
  • vruz · 2 years ago
    love that spirit !!

    bring it on indeed !!
  • Scott Rafer · 2 years ago
    I still can't figure out where the mystery is for everyone. Technology runs in repetitive 8- to 11-year cycles from Innovation to Consolidation, and is . 2004 (and 1994 for that matter) was Innovation, and now we're all dealing with Consolidation -- which means tighter packaging, more hype, greater focus on monetization, etc. Google was the grand exception in 1999 as Facebook is now.
  • Scott Rafer · 2 years ago
    oops -- "... is in it's 6th cycle that i can count, going back to mainframes in the 1950s."
  • Fred333 · 2 years ago
    That is so true. Might as well help out if you can. The Sky is the limit.
  • Soap · 2 years ago
    Reincarnation of the dotcom boom c. pre-2000? Ah, the good ol' days.
  • Don Jones - VentureDeal · 2 years ago
    Bob Metcalfe...said that bubbles are good for technology - they create over-investment which attracts all kinds of new technology development. When the bust happens, the smartest ones pick through the pieces and build something great. Bubbles aren't good for most investors though...
  • genesisgrace · 2 years ago
    I also read Steve's comment. I sense his frustration, but things are what they are now, but as I commented that those who build on good foundation will last.