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Is 'Web 2.0' Another Bubble? - Two Web 2.0 Investors Debate (Or did Todd not realize that Spark invested in KickApps and Me.dium?)
Link to Is 'Web 2.0' Another Bubble? - WSJ.com
This is just bizzare, b/c Spark's Todd Dagres is working for a VC firm that invested in a video sharing company and a social "discovery" plugin for Firefox. Not quite sure how he's arguing the bubble side of Web 2.0.
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December 27, 2006 in Venture Capital & Technology
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hi charlie,
i'm one of todd's partners. if you look at todd's last quote in the wsj article that sums our view quite nicely.
we aren't allergic to web2 companies. we have veoh, me.dium and kickapps in our portfolio and we have only been operating for 18 mos!
todd's fundamental point is that we try our best to find the amazing people first going after huge ideas. we aren't concerned about labels, web2.0 or whatever. i don't even think that web2.0 label makes sense anymore actually.