It’s tempting to invest in distributed Internet application. But it’s darwinistic. In normal business you can alleviate insufficient products with marketing, but not here. You must know your target group immeaditely.
Investing venture capitalists is a lot of intellectualized gut feeling.
I think the old people understand the real essence of it [social media]. Growth will go down since there are people there now that doesn’t are in to it but just checking it out.