Digital Web Magazine — An interview with Jeffrey Veen:

“‘Hurdles’ is a polite way to put it. The Web has been following an enormous pendulum swing for some time now. Back about five years ago, when I was still at HotWired, we could do no wrong. Every stupid idea was a new paradigm and the foundations of a new economy. Now, things are just as silly. Nobody will touch the Web, and everyone is running away screaming.”