[ar7hur]

    There is one high-profile, highly successful software entrepreneur
    right now who is burning through something like $80 million in venture 
    funding in his latest startup and has practically nothing to show for it 
    except for some great press clippings and a couple of beta customers

I'm wondering who Marc is talking about? (it was in 2007). Any idea anybody?

[presty]

If it were 2014, I would say Lucas Duplan

[api]

Color? Or was that later?

[nostrademons]

It was later. The news stories about Color came out around 2010/2011. It couldn't have been 2007, because Color is a mobile app and the iPhone didn't come out until 2007 (actually, it apparently launched 4 days after Marc wrote this essay).

I'm looking through the TechCrunch headlines of June 2007 and coming up empty. No idea what it could be.

[api]

"No idea what it could be."

Maybe it was really bad. :)

[endlessvoid94]

Could it be twitter?