You are correct. It was not meant to be negative. It was meant to convey the importance of the shift from social/consumer apps with no thought of monetization, to startups focused on solving real world problems that generate revenue from day one. This can be boring to investors looking for flying cars, or journalists looking for mind blowing technology.
I mentioned Circuit Labs, great technology that makes money in a boring way by selling parts. I also mentioned Thalmic Labs as an example of cool technology.
My personal favorite was Skip, the RFID checkout company, but I couldn't talk about it because they haven't officially launched. I think there could be an indoor location play using the RFID tag data.
Overall, I was impressed with the focus on solving real world problems and generating immediate revenue. Boring to some, but I liked it.
I mentioned Circuit Labs, great technology that makes money in a boring way by selling parts. I also mentioned Thalmic Labs as an example of cool technology.
My personal favorite was Skip, the RFID checkout company, but I couldn't talk about it because they haven't officially launched. I think there could be an indoor location play using the RFID tag data.
Overall, I was impressed with the focus on solving real world problems and generating immediate revenue. Boring to some, but I liked it.