Publishing 2.0 » Bubble 2.0 Is a Bubble in Media January 30, 2006
Posted by Bill Rice in new media, technology, venture capital.trackback
Great commentary on the convergence of Web 2.0 and New Media.
I think this is a significant, yet often missed point, as to why less capital is need in a lot of new Internet focused businesses:
Chris Anderson kicked this off by pointing out that technology adoption is still increasing rapidly and that, with expensive networks already built, it’s much cheaper to build software to capitalize on them — this is precisely why there is a bubble.
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