"It's a well-established truth of today's Silicon Valley that startups don't really need venture capital. The triple-A business model of "Ajax, AdSense, and arrogance" provides most consumer Web startups with enough revenues, courtesy Google's (GOOG) advertising network, to get by. And when it's time to sell out, cash-rich Internet giants like Google, Yahoo (YHOO), and eBay (EBAY) are just waiting to splash around some dough on small companies."
Tuesday, February 27, 2007
Why Valley VCs Are Like the Mob - Business 2.0
Interesting take:
"It's a well-established truth of today's Silicon Valley that startups don't really need venture capital. The triple-A business model of "Ajax, AdSense, and arrogance" provides most consumer Web startups with enough revenues, courtesy Google's (GOOG) advertising network, to get by. And when it's time to sell out, cash-rich Internet giants like Google, Yahoo (YHOO), and eBay (EBAY) are just waiting to splash around some dough on small companies."
"It's a well-established truth of today's Silicon Valley that startups don't really need venture capital. The triple-A business model of "Ajax, AdSense, and arrogance" provides most consumer Web startups with enough revenues, courtesy Google's (GOOG) advertising network, to get by. And when it's time to sell out, cash-rich Internet giants like Google, Yahoo (YHOO), and eBay (EBAY) are just waiting to splash around some dough on small companies."
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