Scripting News: Silicon Valley Sitcoms

Scripting News, the weblog started in 1997 that bootstrapped the blogging revolution.

Silicon Valley Sitcoms

When the VCs gave $25 million to Adam Curry and Ron Bloom to create a record label and ad agency for podasting talent, and John Markoff wrote in the NY Times that Evan Williams was going to create the eBay of podcasting, I had an instant deja vu moment. I've been here before, it seemed.

The last time I had this realization was at a Christmas party in San Francisco at the tail end of the dotcom boom, with people from competing pre-IPO pet food companies, each boasting how rich they would be after their companies went public.

Silicon Valley goes through predictable cycles of boom and bust. I think it's totally avoidable, that it's a simple bug that the great minds of the valley could cure, by rethinking and then tweaking how capital works, but in the boom times they're too lusty for quick returns, instead of funding technology companies, they fund TV sitcoms. They cast their companies with people who could play the mad genius or ruthless marketing exec if it were a weekly series like Heroes or Lost, or sometimes even The Sopranos, and very often Entourgage.

Instead if they hired the math genius from Numb3rs, he might tell them what's obvious. They eat their seeds, and don't invest in creating new ones. In the last bust, I had a blog, and documented it here, it's all in the archives. But I've been through a few busts before I had a blog, and as Mike Arrington says in today's TechCrunch, it's time for another house-cleaning in Silicon Valley, because the place is clogged with hangers-on, and you can't find the new ideas among all the pet food companies and me-too social networks.

As they say, you can't throw a pot sticker into a crowd without hitting a budding entrepreneur with a pitch. The place is crawling with get-rich-quick schemes.

When I moved back to sunny California, I decided to give Berkeley a try. I have a nice guest bedroom, and Mike you can stay at my house any time. ";->"

PS: I think it's cool that Mike wrote his piece. I think it's because I write stuff like this that the VCs and BigCo execs tune me out. I can't imagine what they will say to him. Should get an interesting discussion going.

Last update: Thursday, June 3, 2010; 4:00:48 PM

~About the Author~

Dave Winer, 55, is a visiting scholar at NYU's Arthur L. Carter Journalism Institute. He pioneered the development of weblogs, syndication (RSS), podcasting, outlining, and web content management software; former contributing editor at Wired Magazine, research fellow at Harvard Law School, entrepreneur, and investor in web media companies. A native New Yorker, he received a Master's in Computer Science from the University of Wisconsin, a Bachelor's in Mathematics from Tulane University and currently lives in New York City.

"The protoblogger." - NY Times.

"The father of modern-day content distribution." - PC World.

One of BusinessWeek's 25 Most Influential People on the Web.

"Helped popularize blogging, podcasting and RSS." - Time.

"The father of blogging and RSS." - BBC.

"RSS was born in 1997 out of the confluence of Dave Winer's 'Really Simple Syndication' technology, used to push out blog updates, and Netscape's 'Rich Site Summary', which allowed users to create custom Netscape home pages with regularly updated data flows." - Tim O'Reilly.

Mail: scriptingnews1mail at gmail dot com.

Apr Jun