Pop-culture has exhausted the novelty of Facebook so why are venture capitalists still interested in social media? While Facebook loses market-cap Quirky is attracting venture capital and ironically, social technology is their primary mojo. It turns out that Facebook’s stock offering fiasco is signaling that social media is ripe for business. Watch this video. You’ll see how social-tech is transforming the ossified process of invention but you’ll also see the flicker of the new Tao of business in general.
Now that Quirky has replaced necessity as the mother of invention—is any business process safe from the barbarians at the gate?