Antrepreneurs

this guy russ beattie from yahoo put up the best bubble 2.0 post i’ve seen. hopefully, this will end all of the reactionary, ‘oh my god, this is another sign of it’ posts. he’s the only one i’ve found that backs it up with great examples. his argument is that there’s a lot of little companies running around pitching new services that dont change the world or even people’s lives. he also has a funny point about how we lack bigger than life personalities like jobs and ellison. i think we have them in spades (anyone ever sat next to marc canter?). just that none of them have the right pulpit, yet. i would love to see larry and sergey step up as more vocal and visible leaders on the new valley but they’ve got plenty of time for that.

i’d like to find a constructive note in all this. maybe it’s that we are in a terrific time of experimentation and we should just let it roll and flourish. we have noted how little it costs. also, we are in a time of what the USV guys are calling ‘peer production’. this started with open source software but has moved to the production of content and services too. in that world small bits add up to big ideas like craigslist. its the revolution of the ants. maybe that means we’re entering a new time of ant services from ant companies and antrepreneurs!

One thought on “Antrepreneurs

  1. But, isn’t that the point of “Web 2.0” — that we don’t need to get millions of dollars of VC and “get big fast” any more to do something worthwhile? Sure, lots of these projects aren’t going to be market-making companies, but if the people running them can have the careers they want to have being small, what’s wrong with that? If we take the small pieces loosely joined notion seriously, it doesn’t seem reasonable to expect that new entrepreneurs should be, on average, trying to be the next Google. “Let it roll and flourish” sounds like a great idea — invest small amounts of capital into many of these “small” ideas and watch which ones can evolve into something sustainable. I suspect the overall hit-rate this time around might end up being better than the bubble, and these companies won’t make the mistake of consciously outgrowing themselves too quickly, as they were pushed to do by their investors in the boom times.

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