This article caught my eye a couple of week’s ago on Techcrunch, “The Next 10 Years Will Be Great For Both Founders and VCs” by William Quigley, Managing Director at Clearstone Venture Partners.
The article is not limited to new ventures in social media however, he uses the examples of Facebook and Twitter in comparison to Microsoft and Amazon. Quigley’s analysis and insight is excellent. If you are an innovator and entrepreneur working in the technology and social media space, there probably has never been a more exciting time for such ventures.
I remember the projections many wall street and IT analysts made during the dot com boom. Many were clearly ridiculous at the time, but when we now see successful, massively scalable business models like those developed by Google and Amazon investors are more willing to pay up for proven new businesses such as Facebook, Twitter, LinkedIn and Groupon.