Trade Dynamics Corp. is building software that connects Internet marketplaces. Michael S. Jordan said the company is now focused on courting venture capitalists. However, Jordan said Trade Dynamics is in the act of patenting the technology and business model. Infrastructure is the key area of focus.
Plumbing is where the smart money goes.
Commerce and advertising models are still ahead of market demand. Wireless represents the Wild West. Companies should incorporate wireless into their Internet strategy, not make wireless their only market, Russ said. That's been the question addressed at tech industry events over the last month. However, angels' investments have declined in line with the drop in venture capital investments, Fassnacht said.