It is now time to advise you that there are any number of us in
Silicon Valley who are willing to testify that there is something
wrong with the High-Tech Marketing Model. We believe this to
be true because we all own what once were meaningful equity
stakes in corporations that either no longer exist or whose current
valuation is so diluted that our stock—were there a market for it,
which there is not—has lost all monetary significance.
Although we all experienced our fates uniquely, much of
our shared experience can be summarized by recasting the
Technology Adoption Life Cycle in the following way: