Om Malik, whom I respect quite a bit, publishes a post that doesn’t really say much.  Read his post a few times and tell me what are you supposed to walk away with?  Of course, Om is a VC as well, so he probably won’t berate any of these crappy companies that have too much VC money riding them anyway.

Here’s what I want Om (or anyone) to say:

Slide was a joke, everyone outside of the Valley’s incestuous circle knew it, and Facebook-based business models were a joke (just as Twitter and Twitter-based business models are a joke).

Here’s a crazy prophecy: at a $500M valuation at its latest round, Slide will shut down before you know it.  No way will their VCs want them to burn through their $58M in capital to find out.

Expect many more such clunkers to die soon.  One more thing, Max Levchin is probably a brilliant bloke, but just because you kicked ass as a CTO, CIO, CXO somewhere doesn’t make you a badass CEO.

Hey Max, if you’re looking for a gig, let me know.  You might found this hard to believe ut with $58M in funding, your VCs might be a bit unhappy with the state of affairs.