Agreed. People often use the term "consumer space" as if it only means some free app or product being given away for free ad infinitem... Dropbox, Airbnb, Uber,

Agreed. People often use the term "consumer space" as if it only means some free app or product being given away for free ad infinitem... Dropbox, Airbnb, Uber, Kickstarter are all consumer services that all had huge years in 2012. Dropbox is a particularly interesting example because it has a B2B counterpart in Box. Dropbox however is 2 years younger and about worth about 8x more. Consumer is certainly not dead. Free consumer maybe, but even then, Snapchat just showed us that VCs still have an appetite for free apps that skyrocket in user growth. (and appetite is an understatement.)