Party on the VC’s dime like it’s 1998
Or so it felt the other night at Swig for the Colors of Web 2.0 party. The tightly packed geekerati of ’05 were sucking down from the open bar to cheesey disco while the suits exchanged buisness cards. Sponsored by our new cool web friends at del.icio.us, WordPress, Wink, Flock, Technorati, Odeo and Flickr it did indeed feel much like a bubble era dot-com launch party. The difference is that the sponsors of this party are all interesting and truely useful technologies that I actually use rather than some hair-brained VC funded idea to reinvent the selling of dogfood. That’s the best thing about the crash, it finally put all the crappy business plans out to pasture. That and the end to crappy live-work loft construction. I’m hopeful that what is transpiring now is the natural evolution of what could have happened 5 or 7 years ago if VCs actually understood the Internet and how people use it. It’s looking pretty good from where I’m sitting and it’s not just the free gin & tonics talking.