Hacker News Reader

Fred Wilson is basically following the tried and true investment philosophy of Peter Lynch - invest in what you know.

He uses twitter. Lots. Why wouldn't he invest?

A stab at twitter from the man who days earlier recommended buying facebook. What's the fb killer business model again? rigghht...

this blogger lost me when he implied the delicious acquisition was a mistake. that was a brilliant acquisition, and cheap. like in the 20M - 30M range for a very important internet property. it would sell for a lot more than 30M now.

Their business model, as far as I can tell, is to license the presence technology/platform (to other web2.0 sites, mobile carriers/developers, etc), and become the "finger" of web2.0. They want to become a network backbone, after a fashion.

I thought the "blame the buyer" comment was an interesting take on the relevance of business models.

It's essentially the crazy-uncle-locked-in-the-attic aspect of all this, which no one wants to talk about.

Are social networks becoming the next the dot.com bomb?

A VC Gone Mad?