4 ms·
Makes sense to me. Internet companies are getting by on ever-decreasing amounts of funding, while huge firms like KP have an ever-increasing amount of money the
by hugh 18y ago
Makes sense to me. Internet companies are getting by on ever-decreasing amounts of funding, while huge firms like KP have an ever-increasing amount of money they need to invest. Internet companies and KP aren't interested in talking about the same sorts of money any more. It makes sense that their attention should be shifted to big expensive projects like biotech and fuel cells. Whether that will pay off for them remains to be seen, but from a technology point of view I hope that it will.
- prospero 18y agoTo me, this seemed like the major logical disconnect in the article. There's obviously still money in web companies, but the "next Google" is much more likely to be acquired by the current Google than ever realizing that potential, which means the next big Google-sized investment is pretty much guaranteed to be anything but a web company. The people acting like KP is insulting their mother by ignoring Web 2.0 companies are playing around with a lot less money (I'd guess by at least an order of magnitude), and the author is doing a disservice to the readers by conflating them.