Jason Calacanis

Startups with No Revenue Model dominate TechCrunch50 Event in San Francisco in 2009

It feels like it is 1999 again! The TechCrunch 50 event was held this week (September 14-15) at the San Francisco Design Center. It promised to be the biggest tech event of the year. Instead, it was a horrible flop. The VCs and even the pundits have become jaded and confused about determining what exactly is a good startup and what is a bad one. At this year’s TechCrunch50 2009, there were few surprises and many disappointments. The people, this time, have voted with their stomachs and pressure from hecklers rather than with their heads.