Blog: Richard Hackathorn

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Entrepreneur Crazies

Last month I blogged on the New Tech Meetup and remarked that I went through this cycle for each company pitched -- thinking what a dumb idea and then thinking what a great idea by the end.

Last night we had another six companies pitching their dumb ideas about Web 2.0 ventures. Except this time, my opinion stayed in the dumb mode. Interesting ideas, but there is no way I would invest my time and funds in any of them.

The only one that made any sense (cents?) was EventVue, which provides social networking for conferences and trade shows. There is a BIG need here! However, I was not convinced that this company would fulfill that need.

What is wrong? The Web 2.0 arena has become a mashup of cute (and fragile) technologies that defy comprehension by normal people. I feel that this arena of potentially societal-saving solutions is becoming isolated as an island for a few extreme and dedicated geeks. Yes, there are millions of downloads, but it is probably only one laptop doing that. Take that, and twitter it on delicious!

This is too important to let entrepreneur crazies hijack Web 2.0. So, persons of reason come to the aid of future technology and create ventures of substance!

Posted by Richard Hackathorn on Wednesday, 8 August 2007 | Permalink