State of the Nation

Steve Gillmor on the state of things:

The emergence of RSS and its spawn podcasting, OPML, and attention have disrupted the gatekeepers of disruption economics. Given the low barrier to entry of startup/mashup economics, VCs no longer have a lock on the early stages of the value chain, putting pressure on angels and incubators to make their clout felt early enough to get a meaningful handle on the tiller. The conference game, long the mechanism whereby the VCs were schooled not in the technology but the viral marketing mechansims of startups, has been disrupted by hybrid agents TechCruch, Om Malik, Fred Wilson, and the acquisition bunnies from the majors such as Zawodny and perhaps Niall Kennedy in his new Microsoft role.

That pretty much sums things up for me. At this point, anyone trying to figure this brave new world out is already two years too late. The train has left the station. You and your agency are either on board or missed the boat. Feel free to add your own metaphors.

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  • Yup, for the most part I tend to agree with you/Steve. However, what I'd like to see more of is some of these neat feature/companies that really leverage the whole primordial soup that we've come to know as Web2 develop into real businesses. If the big change ends up being that VCs are displaced because starting a startup just means cooking a prototype until a bog portal co. takes you out for $5-7MM, I'm not sure sure we are left in a better place than where we started. That is, I'm not sure you could get the next Apple, or Microsoft out on an environment like that.
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