I'm not sure its a bad sign per se. It should just be a wakeup call back to reality (a good thing!). I (temporarily) bailed on the startup world for graduate

I'm not sure its a bad sign per se. It should just be a wakeup call back to reality (a good thing!). I (temporarily) bailed on the startup world for graduate school because most of it was uninteresting, unproductive, cutesy cruft. It may take some time, but eventually I think others will get bored with the web 2.0 gravy train and get back to real, productive innovation. Put simply, next time I talk to a VC it won't be any novelty widget or web technology, it will be about something that will make the world a better place. If meeting that criteria makes it Something 3.0, so be it.