overinnovation?

Filed in archive Technology on February 21, 2005

says RSS/ blog tools face commoditization already:

"Back to Jeff's coverage -- it's great. While the official Demoletter site has a good overview of the companies, Jeff gives his own point of view (as a good blogger should). As I was reading through his posts on each company, I had a strong feeling that the RSS / Blog universe has entered the "me too zone." It started when I read about Five Across (a Six Apart clone, but better -- please change the name ), saw the aggregator congestion (Onfolio, Pluck), and more blog / audio / video / photo tools (Serious Magic, Imeem, WhatCounts, Photoleap, iUpload).

Every emerging market hits a point where there is a mad rush of early stage entrepreneurs and VC's piling in. In some cases, it drives rapid innovation; in most it creates near term over-saturation, lots of irrational financings, and plenty of carnage as the laws of Darwin play out over the next couple of years."

Indeed this emerging industry has been wildly competitive in a matter of month and sees new company launches every day. Let's see who is here to stay...