Years ago, pundits wondered if Zynga would become the Google of games. Now it's starting to look more like Pets.com: the Wall Street Journal reports that the Zynga's quarterly losses are up nearly 84,000 percent from last year.

Fred Wilson is a star venture capitalist, one of those check-cutting white men whose blog posts are read like tea leaves by his peers (Think Marc Andreessen with less skull and more brain). But complaining about wasteful startups wasting the excessive cash you dumped on them is a dumb look.