A VC Gone Mad?

[cmer]

http://web1979.wordpress.com/2007/07/27/a-vc-gone-mad/

[far33d]

Fred Wilson is basically following the tried and true investment philosophy of Peter Lynch - invest in what you know.

He uses twitter. Lots. Why wouldn't he invest?

[migpwr]

A stab at twitter from the man who days earlier recommended buying facebook. What's the fb killer business model again? rigghht...

[zurla]

this blogger lost me when he implied the delicious acquisition was a mistake. that was a brilliant acquisition, and cheap. like in the 20M - 30M range for a very important internet property. it would sell for a lot more than 30M now.

[joshwa]

Their business model, as far as I can tell, is to license the presence technology/platform (to other web2.0 sites, mobile carriers/developers, etc), and become the "finger" of web2.0. They want to become a network backbone, after a fashion.

[dpapathanasiou]

I thought the "blame the buyer" comment was an interesting take on the relevance of business models.

It's essentially the crazy-uncle-locked-in-the-attic aspect of all this, which no one wants to talk about.

[donna]

Are social networks becoming the next the dot.com bomb?