A Quotation, a Beta, a Book

If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties.
‘The Advancement of Learning’ (1605) by Francis Bacon.

These days there are many posts about WEB 2.0 projects over funding, showing that it could explode like a 2001 dot.com bomb.

I am not an expert in VC capital funding but some of the differences from 2001 are:

• The VC invests less money per project basis.
  


• Most of the new start ups don´t go public during the first 4 years.
  

I found yesterday a very good article about Venture Capital and WEB 2.0 http://blogs.zdnet.com/micro-markets/index.php?p=264

The post is about Doriot that was one of the pioneers in the VC , and the rules that he established to fund a new project.

One of the things from that post that is interesting from my point of view is that show that every day is easier and less expensive to implement an idea, and show that a lot of Beta projects are developed during weekends for fun, and if the promoters of the idea after the test feel that could be good, They will develop a business plan.

It would be possible that a lot of VC funded WEB 2.0 project could not succeeded, but at the end I believe that this time the global results are going to be quite good because at least are showing a lot useful ASP models, where I hope to see the main Internet trends during the following years.

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