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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old May 2, 2006, 05:19 AM   #1
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System Specs

5 Reasons We're Not In A Tech Boom

Read More / Source: InformationWeek
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Bob Williams sure looks like someone out of the last Internet bubble. He's a general partner at Bay Partners, where four of the five companies the venture capital firm invested in last quarter are Internet-based. Last week, his firm backed a Microsoft spin-off called Wallop, hitching on to the online social networking craze that brought MySpace.com a $580 million buyout.
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Old May 2, 2006, 06:23 PM   #2
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What a load of crap. The reason we are not in a tech boom is because companies are too greedy. That fact alone stifles innovation and keeps us moving along at a snails pace when it comes to new tech.

The current mentality is; Why make something better when we are making enough money from the current stuff.
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