The Twitter Gold Mine & Beating Google to the Semantic Web: There’s always been jabs at Twitter for not having a viable business model and the chatter has increased in the current economic climate. In a recent interview Evan Williams, Twitter CEO, said ‘We had planned to focus on revenue in 2010 but that’s no [...]
People who get this: God, grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference. — Reinhold Niebuhr (Via 37Signals)
It’s cheap to startup a web company. Making it profitable still takes inspiration and perspiration, but the cost has dropped enormously, and Paul Graham argues that that may not bode well for VC as an industry. One additional factor that may be pushing VC to the fringes for most web startups not mentioned in Paul’s [...]