Techcrunch Party in NYC
Some of us at the Symagio team made it over to Bed the other night for the Techcrunch party. Although we’ve been New Yorkers for a while now, this was our first time to the establishment. Although I’m not quite sure the idea of hanging out with my friends on a bed is something I’m into, the event (and hosts) were great.
The party was a large Web 2.0 echo chamber, where the alcohol flowed almost as quickly as new funding from VC’s desperate to find the next big thing. We walked around and talked to all the different vendors - from Alexa wannabe Compete to social stalker Me.dium. The number of Web 2.0 startups vastly outnumbered the numbers of VC’s present, but that hardly matters. The market right now couldn’t be more interesting. The recent purchase of Youtube by Google for over $1.65 billion sent shockwaves through the tech community (and the markets, for that matter). Every geek, techie, and guy with a half-baked idea became wide-eyed at the prospect of building and flipping a company for billions. Google did it. Then the Youtube guys. So the common logic goes: why not us?
Market bubbles have been going on for hundreds of years. Just ask us sometime about Tulip Mania back in the 1600s. (Tulips became extremely fashionable and therefore valuable in a short amount of time. The foolish began to invest all their money in tulip bulbs!) The real question is whether we’re facing another bubble, or if this is really the new business model of the future.
We haven’t taken a stance here at Symagio. But we do know this. What our clients want is reassurance. They want to be able to call us in the middle of the night when they have an emergency and speak to a person. And we’re there for them. That’s the way we’ve build our company. I for one wouldn’t want to try to call Google in the middle of the night after I just lost my harddrive. Good luck finding their number in the telephone book.
A big thanks to Techcrunch and all the sponsors for a great party. We’ll be sure to go back next time it comes around.
Technorati Tags: Techcrunch Party, Data Backup, Disaster Recovery, Podcast
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