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“When people openly mock the consumer internet space and the excesses of it, that’s when I will start investing again.” What? people are already mocking the co
by JVIDEL 14y ago
“When people openly mock the consumer internet space and the excesses of it, that’s when I will start investing again.”
What? people are already mocking the consumer internet space
They weren't (at least not so much) 3-4 years ago, but now? instagram just broke the levees.
- hef19898 14y agoThat was the only sentence in the article that didn't make sense to me at all. But the rest sounds quite logic to me. When VC descend down to Angel rounds and Angels are substituted by incubators and accelerators I can completely understand that some angels take break.
- danmaz74 14y agoHe was probably referring to when people were saying that you couldn't make money on the consumer internet, thus not investing, thus leaving a lot of space to those who did. People now are mocking the valuations given to some comapanies, not saying that you can't make money with consumers on the internet... ;)
- hef19898 14y agoThat makes sense!
- JonnieCache 14y agoMakes sense, but in that case, what is the word "excesses" doing in that sentence? I think somebody miss-transcribed the interview tape.