Where Are All The Good Internet Ideas?
I had lunch today with a Silicon Valley VC, a guy who's made some pretty good investments in his time, and we got to talking about interesting business ideas in the Internet and online marketing spaces.
I pride myself on being more up to speed on where the industry's going than the next guy, and spend an inordinate amount of non-work time learning about what's new/next/big in the Internet.
But as we talked, it occured to me that there are far fewer big, new, promising Internet startups than even just 12 or 18 months ago:
Chitika - for a while people thought it would beat AdSense, but now it's looking good, but mortal.
SpotRunner - that *is* a good idea and Google's investment in DMark confirms it.
Technorati - blog search, a cool idea but don't you think that's more of a feature than a company?
Efficient Frontier (where I work) - applying portfolio trading applications from Wall St to the optimization of large paid search campaigns. I'm a believer, so sorry for the self-promo, it won't happen again until my next post.
There are a bunch of problems in the Internet and online advertising that have yet to be solved, but where the heck are all the interesting startups?
Anyone have an idea, or a strong opinion on what startups are out there whose model and potential evokes 9 or 10-figure future valuations?