I'm going to venture a guess that this is all just part of the coming-of-age of an industry. Remember how big failures of 20 years ago... like a "pets.com"... also resulted in haircuts for Yahoo, amazon, eBay and the likes? Along with talk that the whole ecommerce thing was just a "passing fad."
We pretty much have to go through a phase where the focus switches from running on hype to running on the substance of what this technology offers... how long that might take remains to be seen...
Yeah we have to endue these times. There are going to be many failures, likely more than successes.
Yet it only takes a few of the latter for an industry to explode.
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