Reading and hearing comments from some of the most forward-thinking media experts about how the Internet is changing the distribution of information, I couldn't help but notice that the discussion lacks business sense.
A post on buzzmachine.com, a blog by Jeff Jarvis, author of "What Would Google Do?" and director of the interactive journalism program at the City University of New York, lists major differences between publishing information in print and publishing information on the Internet. Reading the list makes it clear how disruptive the Internet technology is - to borrow a favorite phrase from venture capitalists. Unfortunately, the list misses another essence of venture capitalism: Putting a price on ideas.