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Are You Bored?
Mark Cuban thinks the Internet is boring.
I was around too when all the stuff he talks about went down. Hell we were investors in Geocities and looked at Broadcast.com when Alex Brown raised money for them.
But I am far from bored with the Internet. I agree that the infrastructure side of the Internet is pretty mature now and not particularly exciting, but I see stuff every day that keeps me engaged and interested.
Comments (8) | Posted July 14, 2006 in Venture Capital and Technology
Comments
I get a buzz every morning from reading about all the new launches described in TechCrunch. It's unbelievable right now!
Let him go back to his movie theatres, NBA/NHL teams, and High Def companies... NOW that stuff is boring.
Posted by: Rick | Jul 14, 2006 1:56:46 PM
Yeah, how can he figure out the Internet. He can;t even figure out how to win a championship.
Posted by: Luke | Jul 14, 2006 2:08:05 PM
Mark Cuban is a great guy, I like him a lot, love the way he runs the Mavs, etc, etc. But you can't take him too seriously. I remember reading one of his blog posts about HDNET about a year and a half ago, suggesting that the best way to distribute his HD movies would be via hard drives. He suggested that there was no way download rates would be fast enough for HD downloads in the next few years. Of course, that's complete rubbish. Apple provides its HD trailers compressed in H.264 at rates between 6-8 megabits/second. Verizon and Cox already offer up to 15 megabits to the home.
In the same post he railed about the problems of unicast with broadcast.com, suggesting that services with lots of small random videos would kill bandwidth management. Yeah Mark, that really kept YouTube from getting off the ground.
All I'm saying is, I don't think the guy has any particularly deep insights into the future of the Internet, at least any deeper than the average software engineer/web dev/product manager/VC.
Posted by: Todd Levy | Jul 14, 2006 2:22:29 PM
Never understood anything the guy said. His only claim to fame is having the prescience to having put a collar on Yahoo's stock when it acquired his company.
Do people take him seriously? Or do they take his money seriously? All evidence is on his money.
Posted by: Dave | Jul 14, 2006 2:26:41 PM
mark's wrong or perhaps he doesn't share my enthusiasm for all the new services and features being developed.
Posted by: mark evans | Jul 14, 2006 3:08:50 PM
i am bored with mark cuban
Posted by: Avner Ronen | Jul 14, 2006 3:41:41 PM
A lot of people say the same thing about AJAX that Mark is saying about blogging ("AJAX is just DHTML with a new name!"). Yes, sure, a blog is just Geocities in the form of Moveable Type or Wordpress, but the time is now not then.
All the little details - all the things that ARE new since that time - count. Today's Internet is more robust and simpler, so our ideas rather than the limitations of technology set the pace.
I think that was the point Mark was going for, but ran out of steam. Maybe he should have started rather than ended by saying:
"Its the brainpower that is changing our world. THe internet is just a utility to deliver the digital bits they create."
Posted by: Brooks Jordan | Jul 14, 2006 4:51:29 PM
I agree with what Brooks just said. If you read what Mark wrote, he is saying that "the Internet" as a foundation and infrastructure is in place -- that discussion in boring: that from this point on, it will be ideas and brains that change things and create opportunities, not merely the tweaking of the fundamental technology.
Posted by: Rex Hammock | Jul 14, 2006 6:13:07 PM
A VC