Friday, December 7, 2007
Venture Summit: Has the Internet Jumped the Shark?
So I moderated a panel yesterday at AlwaysOn’s Venture Summit West, held at the Ritz Carlton at Half Moon Bay, Calif., with the title “Is There Still an Upside to the Internet?”
Of course, I redubbed it: “Has the Internet Jumped the Shark?” For the love of All Things Fonzie, you bet it has.
The discussion centered around what I think most agree is an inflated market for start-ups, worrisome especially given a looming recession.
Here is my video and one from the panel, in this case a snippet of Benchmark Capital’s Bill Gurley talking about Second Life, in which he is an investor:
Interestingly, none of the panelists–Gurley, Glam CEO Samir Arora, Lise Buyer of Class V Group and Aggregate Knowledge CEO Paul Martino–seemed bothered by that for a variety of reasons (lots of bigger companies interested in acquiring little ones, for example).
