I am not sure where I had started but after spending a lot of time, moving from link to link, I started coming across articles which I realized I need to post about. Over the last two months or so, the impulse to blog has been missing, but today as I moved through the world wide web, I realized that this was something to talk about.
In a strange article on Fast Company, I read this
James Andrew, of the Boston Consulting Group, for example, argues that too many companies presume that they can boost profits merely by fostering creativity. “To be a truly innovative company is not just coming up with great new ideas, or products and services,” he says. “It is coming up with ones than generate enough cash to cover your costs and reward your shareholders.” more…
And the sad part is that the more you think about it, the more you realize that its true.
Maybe this is why most of Web 2.0 is doomed to failure like it’s first version. The Wall Street is not about ideas but about quarterly reports.
Maybe the fault is not with the Web 2.0 companies come up, but with the way the Wall Street is run.
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