Friday, August 18, 2006

VC Ratings: Kiko failure deemed a harbinger of things to come for Web 2.0 startups

"Debate now centers around whether this is a harbinger of things to come. Robert Scoble thinks so. So does Dharmesh Shah. And of course, they're right. The market has no need for so many startups doing similar things.
Scoble writes, 'There are simply too many companies chasing too few users.'"

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