"They Failed": VC Fred Wilson Gets BoomTown's First Annual Someone-Had-to-Say-It Award

BoomTown has always enjoyed–although I have not always agreed with–the ruminations of Fred Wilson in his must-read blog, A VC. Today, the New York venture investor–heard of Foursquare or Twitter?–penned one that was flatly on point, simply titled”Chasing Returns” about a potential crisis in start-up funding. It’s a meme Silicon Valley might want to pay mind to.

Dear Web 2.0: You Might Want to Stop Believin'

All in good fun, right? I am sure this will be the dumb-as-a-box-of-hammers reasoning this group of Web 2.0 folks gives for this odd video effort, doing a lip-synch romp on their group vacation in Cyprus to Journey’s “Don’t Stop Believin’,” and then posting it for all to see on Vimeo. It is titled: “Twenty world Internet citizens met in the Turkish Republic of Northern Cyprus in October of 2008 for a week of reflections on life, love, and the Internet.” Um, kids, here’s a reflection: While you swim in that pricey infinity pool in your luxury villa, Silicon Valley is tanking all over the place. You might want to check your email and see if Sequoia Capital or Ron Conway has cost-cutted you out of a job!