And $35M? what did you guys do with the $20M? seriouly, I can't think of any logic explanation aside from a company party with hookers and blow.

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Let's face it, $500 million for a stuffed animal/website that's all the rage at the moment seems irresistible.

One of the characteristics of a "fad" is that everyone always mistakenly delude themselves it's going to be "car" or "computer". Do we drive Furbies? Do we twitter from a Pokedex? Does facebook/twitter/etc. honestly act as a replacement for true socializing? All of these are good questions for execs to answer.

The truth is, no brand alone can encumber every aspect of a person's life. It's the dream, but it's technically impossible.

Honestly, if you're at the helm of one of these businesses, you deserve to be mocked and scoffed. These people don't want money, they want power and control.

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If you break 15-25M you've got something potentially game changing (digg, twitter, Gawker, Weblogs, Inc), and if you reach 30m+ you've got a good chance of building a legendary brand (Facebook).

As such, I suggest we leave the snark for those folks currently under 10m. :-)

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1.) 15,083 companies according to crunchbase

2.) There is billions of investing by deluded, gullible VC's. Where the hell do they get their money to begin with?

3.) Even more than that, is the debt created just to build and maintain a fucking PHP script. Pay 30 of your friends $100K/yr for something you could outsource for $10K.

4.) Build a massive proprietary framework with "Plug-ins" only for your site.

5.) Web 2.0 Spin: Give this age old idea of inward, proprietary plug-ins, "Widgets"

6.) You will now have your own parasite economy of sheep sycophants dreaming of cash "trickling down"

Useless parasites. Superwall. Zombies.

Innovation at work. We are showing what connectivity of the masses gives to us. A bunch of smart ass dumb fucks who bring us into a depression.

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