NIH (Not Invented Here)

March 29, 2008

It is an interesting concept I learned about from this article at the New York Times site:

“Because great new technologies are coming from people who want to do their own thing, and won’t necessarily work for someone else, acquisition may be the only way for a large company to get them,” says Mitchell Kertzman, a partner at Hummer Winblad, the venture capital firm in San Francisco.

It’s kind of what we’re trying to figure out here with wedia too. How can we help build a community around media which will allow for companies and individuals to help one another – yet at the same time, provide enough space for innovation to happen.