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March 8, 2006

For Web-Mogul Wannabes

In today's European edition of the Wall Street Journal, Lee Gomes wrote an interesting column on Under the Radar's Why Web 2.0 Matters conference where start-ups presented their business plans to a panel of VCs and other judges.

"The advice came in the form of the sorts of probing questions (...) such as:

  1. Is what you are doing really a company or just a feature that will end up as part of some existing product?
  2. If you are trying to take on an incumbent player--Google, MySpace--do you do something 10 times better than they do?
  3. If you are developing something for the Web, what is to stop spammers from ruining everything you are trying to do?"

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