tag:blogger.com,1999:blog-36607075.post6791682448176698789..comments2008-04-11T08:44:25.650-04:00Brandon Thomashttp://www.blogger.com/profile/05063068544528609202noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-36607075.post-27853266961528400232008-04-11T08:44:25.650-04:002008-04-11T08:44:25.650-04:00Yeah, I knew I was off from his basic idea. It was just a thought that came to mind, given his points. I was not thinking of liquidity, but rather I was thinking of value...<BR/><BR/>Thanks!Brandon Thomashttp://www.blogger.com/profile/05063068544528609202noreply@blogger.comtag:blogger.com,1999:blog-36607075.post-26850801014463613572008-04-10T23:33:37.924-04:002008-04-10T23:33:37.924-04:00Interesting. There are a bunch of companies and orgs focused on something like this... providing glue between social apps (OpenSocial, OpenID, FriendFeed, even the Facebook platform to some extent, and others). <BR/><BR/>However, I don't think Fred's point is about gaining consumer attention and creating compelling services. He's saying that entrepreneurs don't have a way to cash out other than selling to a big company (and risk getting bogged down in bureaucracy) or doing an IPO (which is nearly impossible today). Services like Facebook and YouTube are probably the best examples. They are wildly popular and provide a ton of value to consumers, but they probably won't generate significant cash flow for many years. If you were Chad Hurley a couple years ago and you had this great hit on your hands but you and your investors wanted some cash, you really don't have many options other than selling to Google, Yahoo!, or Microsoft.Joe Lazarushttp://www.blogger.com/profile/06558775548774148866noreply@blogger.com