Well this might end up being a good move here as there’s much to gain. At least invest in something that has the potential to improve and save lives rather than to over deluge us with more social software. Don’t misunderstand here, I use and like social medias and it works well for me with blog promoting and making connections, but how much more do we need and will there be a VC return? A question the VC may want answered as well. (grin). Here’s an article that lists the most exposed VC firms to Web 2.0. 
I talk quite a bit about personalized medicine on the blog here and have an upcoming interview with Rosetta Genomics before the week talking about one such development on the war with cancer. I just can’t quite compare an online game phenomena to software that can create better cancer and other medical conditions, so perhaps if we can perhaps get over entertaining ourselves as much, some of the new technologies being developed will stand a big chance.
One good point made in this article too is the minimal cost investments required by a VC firm with Web 2.0 technologies as well, so throw in some good healthcare applications, like personal health records, and we could really see this take off. Software in every area is getting more complex as it grows and gee when you think about it; how much time do you have to devote to learn each and every new wave that arrives, and later find it it be consumed by a larger fish and then add one more learning curve.
Again, I like software and what it does, but with every new program we can pretty much count on at least a dozen knock offs, and then the game begins on who will win. The same thing occurs with healthcare technologies and software with biotech, etc. but hey at least there’s one great goal in place and it has to do with the dream and potential reality of one day ridding the world of cancer and other diseases we fight every day. Now that’s worth some VC funds if you ask me. BD
PERSONALIZED HEALTH CARE Venture capitalists say one sector of the economy that technology has not yet transformed is personalized health care.
Jennifer Fonstad, a managing director at Draper Fisher Jurvetson, is looking at companies that use information about a person’s genetic code to offer predictive medical advice or preventive health services or devices.
Internet companies that help patients, banks and insurance companies manage health savings accounts or help people find assisted-living homes for aging parents are other likely recipients of investors’ largess.
“Cisco was founded two weeks before a stock market crash. Oracle was founded during the Reagan recession,” Mr. Holland said. “In bad times, that’s when the best opportunities come up.”
In Silicon Valley, Venture Capitalists Turn Cautious - NYTimes.com
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