One helluva party
: PaidContent reports that $100 million has just been poured into social software companies. A few million, fine; let’s see whether this baby can fly. But $100 million already?
Where have all the VCs gone?
Long time passing.
Where have all the VCs gone?
Long time ago.
Where have all the VCs gone?
Into another bubble, every one.
When will they ever learn?
When will they ever learn>
: Tim Oren, a VC, responds and wonders why I see big media impact from weblogs but question the investment in social software. Well, I think the media impact of citizens’ media is more established by far than the prospects of social software, which is still a cool thing, not yet a proven thing. And so I question not the investment — Lord, no; we need backing for innovation — but only the scale and timing. And, besides, it was all just an opportunity for a cheap song parody punchline.
