Doc Searls On value and valuation

If you listen to Rebooting the News it’s a point that you’ve heard before but Searls puts it well:

If you had told me in 1999 that the two hottest names on the Web in 2009 — Facebook and Twitter — would both be silos, I’d have been disappointed. I’d have figured that by now most folks would understand the infrastructural nature of open code, open protocols, open formats.