Wired.co.uk: Where did all the money go?

Peter Kirwan: "Apart from Google, there’s a conspicuous absence of latter-day equivalents to Amazon, eBay and Yahoo! among the lists of VC exits since 2003. ... This isn’t the Great Transition that Tim O’Reilly and his cohorts had in mind in 2005. In the face of the huge market failure created by the Big Media’s encounter with the web, venture capital’s response has been abysmally weak."

SimonWaldman.net: Web 2.0 – a threat or opportunity for newspapers?

Simon Waldman: "I think the real shift here is not about blogging versus journalism - but sheer volume of news sources available to us - and therefore the need for new tools to that improve the way that people find and engage with news and information..."