The motto of the bubble was get big fast. The rule today is get big cheap… What tickles my checkbook is the success of capital-efficient startups where the users themselves often contribute the feature road map, software and marketing.
[The bankrollers] don’t care about your newfound ability to publish your thoughts or your pictures. They are just glad that you are doing so. Why? Because in an information based economy, data is your primary natural source. And flow of data creates movement which can be harnessed.
Like a water-mill.