Every so often, the Wall Street Journal will run articles about venture capitalists and angel investors running around Silicon Valley dumping money on what they hope to be the next [insert latest internet/tech flavor of the month, e.g. Facebook, Twitter, etc., etc.,] with visions of billion dollar payouts dancing in their brains.
It makes one wonder what it is being lost in opportunity or overlooked in something that really might work and pay off but just isn’t as sexy as the new social media phenom.
Maybe it’s not always the best thing to predict and band wagon the latest sexy fad. Try looking at what is working now. How can you position around that?