Although this describes something of a subset of the current economic situation, I think it's still safe to say that there is a lot of money available for "the next Google" (or Intel, or...). The problem isn't the money, it's figuring out who the next big players are going to be.
I mean, hell, is this not directly demonstrated by the entire YC process? Here's a model in which there's a very reasonably-sized fund available, and an entire business set up around trying to determine who's got a good potential product, and who hasn't, and then assist the ones that maybe have a chance.
Although this describes something of a subset of the current economic situation, I think it's still safe to say that there is a lot of money available for "the next Google" (or Intel, or...). The problem isn't the money, it's figuring out who the next big players are going to be.
I mean, hell, is this not directly demonstrated by the entire YC process? Here's a model in which there's a very reasonably-sized fund available, and an entire business set up around trying to determine who's got a good potential product, and who hasn't, and then assist the ones that maybe have a chance.