It was clear from moment one that this was the year of the venture capitalists.

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Even if only a fraction of the world’s current population of roughly 7 billion uses electronic services, we run out of unique hand-picked IDs really quickly.

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Have we come full circle in an online cycle?

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The conference presentations are, in a word, disappointing.  The focus this year is largely around “exit strategies” and “social mobile”.

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Once you reach a critical mass, only fracturing can occur.  Everyone in that mass does not move as one to another service or purpose.  This will pose serious problems to any competition.

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