Kara Swisher

Recent Posts by Kara Swisher

Rut-Roh-Scooby-Doo in Chart Form: Start-Ups Start Stopping

Here’s a chart from a not-entirely-unexpected story in The Wall Street Journal today chronicling how the “deepening recession is speeding up the shakeout in Silicon Valley, forcing droves of start-ups to shut down or sell themselves at fire-sale prices.”

You knew that was coming, didn’t you?

No really well-known Web 2.0 shooting stars are in the piece, although it really feels like a long time from when BoomTown penned a piece in September titled “Dear Web 2.0: It’s Still the Economy, Stupid!”

It still is, and here is a not-so-lovely pair of charts to show you why:

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus