Tuesday, January 15, 2008

Bubble, what bubble?

The Beeb's Digital Planet team met some optimistic seed-funders from Silicon Valley in Oxford last week. One such, Paul Graham, came out with some choice remarks which made me laugh out loud:

"The venture capital funds are swollen right now; it's not a problem of lack of money it's a problem of lack of ideas."

And on Bubble 2.0:

"We haven't seen any sign of it yet, in fact if anything, it's getting easier and easier for start-ups to raise money."

Well, Duh!

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