I continue to see a remarkable number of interesting companies, technologies, and ideas in the messaging/email area. The market reminds me of search, circa 1998: The “smart money” thinks that the market is over, and investors turn up their nose at messaging startups — and then end up wondering how they ever missed a Google.
Because the smart money is wrong. Not only is messaging not dead, but it is going to change more in the next few years than it has in the last ten. We’re frittering at the edges now with spam, phishing, policy management, and the like, but when things really begin to change at the core — client and server — then people will wake up.