Skunk Drunk In The Sad Assed Backwater

Sorry to use that term in two straight headlines but it’s so good I have to. John Heilemann can sure turn a phrase.

This post is not about John’s piece. I’ve said what I think about that.

This post is about Steve Rubel’s post last night,  The Web 2.0 World is Skunk Drunk on Its Own Kool-Aid. Steve’s fed up with all the hype, the parties, and the money flowing through the web today. He says:

I am sorry to be a party pooper on conventional wisdom, really. But
I miss the days of 2004 when the class that includes Flickr, and others started. They really were about changing the
web, not making a quick buck (they did so only because they added
value). There are companies still out there like them. Twitter is one I believe takes this approach. Automattic (the company behind WordPress) appears to be another. Dave Winer also shares this spirt. He creates services like NYTimes River because it’s fun and he thinks it will add value to our lives (and he is right).

However, most of the rest of today’s net startups are only after the
almighty dollar and while that’s capitalism, it saddens me because it
has done little but breed hubris.

I’d like to go back to 2004 too. It was easier then. Less hype, less noise, less competition for deals.

But we are where we are. And even though Heilemann basically calls me "chicken little" in his story, I think all is not lost. We have the following opportunity in front of us; the web is going mobile, programmable, social, and semantic all at the same time. And this is happening on a global scale in real time. In ten years, we will have a completely different world wide web and I am not going to miss out on the fun of helping to build a few parts of it.

So bring it on.

#VC & Technology