The Barbarian Group COO Rick Webb has some tough words for Silicon Valley. He has little time for those arguing there isn’t a bubble right now in tech company valuations, zeroing in on those that have ad-dependent business models. For all that Silicon Valley companies lament the lack of tech savvy in the advertising, the opposite is clearly true. Webb makes that point clear:
Brands don’t actually want or need any more media channels. As far as they’re concerned, the internet can stop now. We have enough channels. We were happy when we had like seven (TV, print, outdoor, radio, in-store, direct and theater), got a little interested in the first few new ones. Urinals? Uh, okay. Banners? Interesting. Google? Yes. Groupon, Farmville, GroupMe? OKAY I AM GETTING TIRED NOW. Silicon Valley seems to think that advertising’s appetite for new media channels is unending. It is not.
Read more on The Barbarian Group blog. For a counterpoint, see angel investor Chris Dixon and venture capitalist Brad Feld.
Trending in
Most Read
More in Media
Podcast companies turn to live events to capture growing advertiser spend
July 4, 2025
The surge in the number of live podcast events in 2025 reflects a broader shift: advertisers are betting bigger on podcasts — not just as an audio channel but as a full-fledged creator economy play.
Media Briefing: ‘Cloudflare is locking the door’: Publishers celebrate victory against AI bot crawlers
July 3, 2025
After years of miserably watching their content get ransacked for free by millions of unidentified AI bot crawlers, publishers were finally thrown a viable lifeline.
How Vogue could navigate potential industry headwinds as Anna Wintour — who agency execs say made ad dollars flow — brings on new edit lead
July 3, 2025
Anna Wintour’s successor at Vogue will have to overcome the myriad of challenges facing fashion media and the digital publishing ecosystem.