Thursday, July 03, 2008

Once You’re Lucky

I often pick books based on reviews from Wired Magazine. This was true when I picked up Once You're Lucky, Twice You're Good. In Mark Horowitz's review, he claimed that "Sarah Lacy…hangs with [entrepreneurs] them, gains their trust, and gets the goods. No other recent chronicle delivers such intimate, behind-the-scene glimpses into Silicon Valley startup life." It's an entertaining read reminiscent of Accidental Empires.

My issue with the current crop of valley startups has little to do with Sarah Lacy's book, although her tales reinforce my opinion. The problem is very few of the companies actually provide a site that is useful. Even Facebook, the current reigning king of Web 2.0, doesn't help its members solve problems or get things done. Of course my days of finding a good off-campus kegger with lots of girls are long past. As Twitter, Slide, or Ning they seem even less useful.

What's interesting about these sites, though, and the stories Sarah wraps around them, is the underlying technology. Maybe an old-timer like myself doesn't see the benefit of social networking. I do see where collaboration and go anywhere sites can be very useful. I'm expecting a new wave of web startups that take Web 2.0 into truly commercially viable areas.

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