“To be honest, most of the Web content businesses that have survived the dot.com bust are Web content businesses that trade on phase two attributes of sorting and aggregating existing content, and making that content available through an easy and universal way–through Internet. The tools, the technology, and the competencies may be coming into shape to create something new.”
NYTD is also looking at investing in social software: “Obviously, we’re talking to many of the players, and we’re assessing what our role would be. What we should be building inside–what we should be doing in partnerships. We’re watching the field. I think that my gut [feeling] on some of this stuff is that it’s a little bubbly.”
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