Thoughts on novel businesses, inspiring entrepreneurs and venture capital
Monday, September 26, 2005
Food, Water, Internet
Once in a while, I stumble across something that "just speaks to me." The chart on page 21 of Morgan Stanley's latest Internet Trends research report is a great example.
Everyone only gets the surface of what the whole social networking phenomena that is going on right now. Application, enablers, even aggregators are only the tip of the iceberg when it comes to what really matters with this space. I believe there is a fundamental misconception with how all of this is going to come together. Things ranging from Plaxo to myspace are all missing the boat the problem of too many social networks can be solved in some really simplistic ways. I would love to hear your thoughts on the matter.
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I live in New York City but can usually be found traveling to the Bay Area for its entrepreneurship and weather. I am a Partner in the New York office of Bessemer Venture Partners. My professional bio is here.
12 comments:
Everyone only gets the surface of what the whole social networking phenomena that is going on right now. Application, enablers, even aggregators are only the tip of the iceberg when it comes to what really matters with this space. I believe there is a fundamental misconception with how all of this is going to come together. Things ranging from Plaxo to myspace are all missing the boat the problem of too many social networks can be solved in some really simplistic ways. I would love to hear your thoughts on the matter.
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The decline of science is more serious than I thought!
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