Posts Tagged ‘Valleywag’

Were Digg and Web 2.0 Over-hyped?

December 19, 2008

If you haven’t read my story on Digg and the momentary decline of Web 2.0 companies then you should. It’s gotten a lot of pick-up and play today, with links from CNET’s Caroline McCarthy, Valleyag’s Owen Thomas, TechMeme, HipMojo.com, Venture Chronicles and other places.

Click here to read the story, which reveals Digg’s financials for the first time and also has solid sourcing for its valuation during its most recent round of venture financing.

I don’t think my story is the definitive statement on Web 2.0. It’s just an interesting snapshot in time. A few years from now, the Web 2.0 generation of companies may very well have ended up fulfilling their promise. But for now, those hopes look unfulfilled and a bit over-hyped.

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Valleywag Covers Creative Capital’s Launch Party

April 4, 2008

Nicholas Carlson, Valleywag’s NY-based correspondent, was nice enough to drop by my book launch party at the Royalton Hotel last night, along with photographer Elizabeth Borda.

Check out the party pics.

The book buzz seems to get gaining momentum. BusinessWeek is running an excerpt from the book in this week’s issue. Check out an expanded edition of the excerpt online. The excerpt shows how Doriot and American Research and Development orchestrated the venture industry’s first blockbuster stock offering: the IPO of Digital Equipment Corp.

One other upcoming hit: Scott Kirsner from The Boston Globe is writing a story about Creative Capital in this Sunday’s Business section. I am really excited to see the reaction to that story since Doriot lived and worked in Boston during his 60+ years in America.