Friday, May 12, 2006

Busy

But this is too good to pass up:

Monetizing the wasteland

It's worth stopping for a second and thinking back to the old-school web - Web 1.0, as we call it now - and who made money off that big boom. Most of the money back then wasn't earned by the cool dot-coms. It was earned by the boring old farts who sold the cool dot-coms the computer and networking gear they needed to rapidly scale up their businesses to the point where they'd be certain to collapse in the most spectacular fashion possible. It was the vendors like Cisco and Sun and EMC that made the big bucks. Most dot-coms, it turned out, were just middlemen who were really good at taking investor capital and funneling it to IT vendors.

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