Friday, January 05, 2007

Jack's predicitons..


Jack Biddle
a.k.a Southeast VC of Novak Biddle Venture Partners predicts collapse of Web 2.0 and ad supported business models. I am not sure I agree with him and his outlook for 2007, but I do completely agree with the last thought in this post. Working for passion, creating value, having fun and all that leading to monetary reward - now to me that rings true not just in the end of 2007; I think that is timeless.

My prediction is that by the end of 2007, people won't venture for profit. They will venture to do really cool things, because they can.

And 10 years later... the best of the best will get paid despite the fact they had the time of their lives.