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From marketwatch.com:
[Even as stocks in Web application companies continue to soar, the
venture capital community has begun scouting out the next "hot" area.
Bill Younger, who writes checks for Sutter Hill Ventures, sees big
things coming from online video. As bandwidth widens and storage
becomes cheaper, Younger expects more Web users to surf toward
moving pictures on the Net, he said. Sutter Hill -- which has funded
Edify (EDFY), Forte (FRTE) and Avanti, among other companies -- is
based in Palo Alto, Calif., and has operated for three and a half
decades. RealNetworks (RNWK) says it has more than 50 million
users of its RealPlayer, which allows surfers to listen to and watch Web
material.]
I've been thinking/hoping that digital video will become the next mania, once the current crop of Net stocks peters out. We'll see... |
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