Meet any entreprenaur and they think they have the next google.
He seems so involved in it. He believes in his golden idea so much so that he doesnt even see the guy in front of him sleeping.... as he tries to explain the earth shattering consequences of his product/ invention.
Oddly enough the venture capitalist will tell you the same "I think it might be the next google" but I wont put money into it yet. "Get a product". Show me a VC who ever said "Hey Your Idea sucks ".
First there was the "dotcom boom" or "bust" which I thankfully was not a part of , now its back with the mobile world.
Everyone think that they have the killer app. Whether it is mobile blogging softwares pretending to be the next mobile net defining the web for the mobile, location based services, mobile commerce softwares, or companies that claim that they can learn the everything about the user from a matter of few clicks.
Everything is "patent pending". What value does that term have anyways.? What does patent from say " New Zealand " entail to the world market anyways.
Are we headed for another bust !!!
Thursday, March 1, 2007
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