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I, Cringely - The Survival of the Nerdiest with Robert X. Cringely
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#4 - 2008
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#4
OUTCOME: Pending
January 4, 2008

Ad Revenue Driven Companies to Lose Favor with Venture Capitalists

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Venture capitalists will become disillusioned with their investments in technology companies that make all their revenue from advertisements. It's not that these companies will fail, they just won't make enough profit to justify their insane valuations. Think Facebook.
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