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the future of tech & you

networking

Compiler does a wrap-up of this year’s DEMO conference. DEMO is where a number of web-shaking new ideas have been launched, and it’s where people go to see the bleeding edge, but the trend this year is a little different:

“Venture capital is shopping,” Shipley says. “But their profession is being transformed by the market and they’re huddling together for warmth. Web 2.0 companies now can start on a Visa card’s spending limits, and it’s hard for funders to put the large money into start-ups. The nature of technology has changed and it’s forcing them to find new vehicles, make different capital structures and they are figuring out how to thrive in this new reality.”

“The big question is what does DEMO say about the market? What do these products say about the market?” Shipley says. “What we’re seeing is a consumer focused market, whether the consumer is a business or a social networker looking for ringtones. The products are about making technology work better for the user, rather than announcing revolutionary technology.”

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About Justin Jacoby Smith

I’m Justin Jacoby Smith. Some people call me “hoosteen.” I live just outside Washington, DC. I like punk rock & country songs. I’m a data monkey. I Occupy DC, because a better world is possible. I’m a cohost & contributor for Voices of the 99%. I’ve served on the editorial board of the DC Mic Check. I briefly developed digital strategy for The Parley. I write poems. Sometimes I get published. Dig it.

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