Skeptic over at Dead “Twenty” – inside joke– ran an impressive post today regarding the ideas, benefits, and consequences of blogs taking VC funding.
I’ll run a few excerpts, but make sure to jump over there and read the full article.
He starts by asking, “So the question is, can bloggers successfully build businesses that are worth funding?” Then continues, “An even better question is: why raise the money?”
Alright, while we’re at it…guess who holds the number one spot on Blogpulse? Nope, not TechCrunch, it’s the The Web 2.0 Bullshit Generator™ brought to you by Emptybottle.org.
According to the homepage, “The web is getting hot and sweaty again, and the dollars are flying almost as fast as the bullshit.”
That statement couldn’t be more accurate. As someone working in PR and writing for this site, you have no idea how many of these verbs, adjectives, and market disruptors I hear on a daily basis.