Wednesday, February 02, 2005

New rules economy?

These are the new Dotcoms of the new rules economy...

There is a new kind of Dotcom company that will emerge during Internet 2.0—this current and very distinct emerging phase of the internet. I’m not sure what to call the new Dotcom but I know what it is. It is a startup company that plays by the new rules of the economy. New rules companies will decimate established companies in many/most sectors. And it will happen very quickly when it happens.

If a flack had written that we would be ridiculed for hype. However, I think he is on to something regarding the importance of open source software, self-funding and avoiding venture capitalists.

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