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I like this line, although it may be a bit close to home for some: TD: What I'm seeing now with a lot of these Web 2.0 companies is that they're not based on t

I like this line, although it may be a bit close to home for some: TD: What I'm seeing now with a lot of these Web 2.0 companies is that they're not based on technology, but on a dog-and-pony show. Under the surface, there's nothing noteworthy going on. The majority of them are just rolling the dice, and they know it. These are the people who will go to parties just to suck up to Arrington and say, "Hey come look at my startup. Please plug me." For these guys TechCrunch is going to make or break the company. If you look at a company's traffic graph on Alexa when it hits TechCrunch, there's a huge spike that day and then a month later it's down to almost nothing. In this world it's all about creating the buzz. It doesn't matter about revenues or profits. It's just about how many users you can get.

Montagist 16y ago
I agree with him, except it's more like a social league where everyone plays because they accept any and everyone. I've mentioned it here before, but I think it's plain silly that now - after all the publicity and hype - damn near everyone thinks they can make a startup without actually having the skill to build, much less a reasonable idea. Was reading a post on here previously about a startup that needs a developer to [make an api] for their site so users can customize their product - a magnetic bumper sticker holder thing with changeable messages. Come on dudes, really? An api? You need a printer and a pair of scissors. Was gonna say that I hope I one day have a startup this guy bashes, but then I saw the date on this post.