Thanks for putting everything in one paragraph. "So being more focused on technology than profitability is a valid business strategy, as long as you have runwa

Thanks for putting everything in one paragraph. "So being more focused on technology than profitability is a valid business strategy, as long as you have runway." Yes, I agree with this. Which is why I don't really have a problem with companies like Twitter (you can debate the technical merits, but it's certainly different). They've kept their team lean and haven't taken gobs of money right away and all at once like some of these other startups My comments were more aimed at investors & companies that spend money just to spend money on either me-too ideas (e.g. many many ad networks, social networks) or overcapitalizing companies that aren't ready for it. They and their brethren aren't investing in the development of cutting edge technology at all, they're doing something because everyone else is.