New tech VC company, and Twitter does it good again

Well, maybe not a new dawn, but still quite an interesting on Guardian Tech today

http://www.guardian.co.uk/media/pda/2009/jul/06/marcandreessen-facebook-twitter-venturecapital


Marc Andressen, who launched the Mosaic browser, has started a new VC firm, and also forecasts on the future of Facebook and Twitter.

His opinion on Twitter needing to focus not on money but quality of product is a very astute one I feel - the technology is so simple that the barriers to entry are very low (it's effectively a data feed with a few gates on it....I think?!) - but while they've made a good profit from it already, it'll probably be the next 2-3 years that decide whether it can stay in the league of YouTube, Google etc....


In fact, Andressen seems so on the ball, maybe I should dust down that business plan for VCs.... ;)