Darwinian Web
Adam Green's thoughts on the evolution of the Internet

Posts tagged as: vc

Multiple bodies colliding with their heads cut off

Posted on Friday, November 4, 2005 at 7:51 AM (permalink)

Ah, for the simple days when it was just Netscape with a browser causing the fuss, and all Microsoft had to do was suck out all their air with IE to kill them. Today, with Google, Microsoft, Amazon and Yahoo all competing to do EVERYTHING anyone could ever want (even that is questionable) with a computer, it is almost impossible to tell where the leading edge is leading to. I guess the computer industry expanding in all directions at the same time is the definition of a bubble. The real reason why bubbles form and then expand to extremes is that there is no chance for customer feedback. The Web 1.0 bubble was funded by VC money chasing markets without any time to see if there was any money to be made. Web 2.0 is expanding because the Big Four are locked in a steel cage deathmatch and don't have time to see if any of their new projects in beta will find a positive response from the market. By market I mean actual users in the millions, not just tens of thousands of bloggers.