I actually see a parallel between what's happening in web startups today and the telecom broom-and-bust that many of us older guys have experienced in 1999/2000

I actually see a parallel between what's happening in web startups today and the telecom broom-and-bust that many of us older guys have experienced in 1999/2000. Back then we had Nortel acquiring Qtera, Xros and Coretek at about $3B each, thereby setting the venture business on fire and funded about 100 startups, all determined to be better. Today we have MySpace, YouTube, Facebook and similarly numerous VC-backed startups that are trying to catch the wind. I suspect there will be disappointments as well and recently I wrote about my own experience in surviving startup failure which I entitled "What I learned from my Dad who taught me how to ride a bicycle". It is my sincere hope that this could be of value to someone. http://www.lovemytool.com/blog/2007/10/riding-a-bike.html http://www.lovemytool.com/blog/2007/10/riding-a-bike.html --Denny-- Denny K Miu