I just got home from the “Media and Entertainment Conference” at Harvard Business School. I saw one panel, participated in another.

The panel I saw was on Television, Movies and Online Video, or something like that.  Curiously it was populated entirely by guys from mainstream media — Comcast, HBO, Starcom, Disney, and IBM. No disrespect to the esteemed panelists, but it was another one of those corporate talking head panels. B-O-R-I-N-G.

The panel I participated in, on the other hand, had entrepreneurs who ran startups like Veoh, Video Egg, Vimeo, Truveo. Being the lone VC I tried not to ruin the karma. It actually was a great panel. We had lots of fun — we spent more time debating, arguing, and playing around with each other than we did pontificating, which is always good.

The consensus was that MySpace is a fad while Facebook rocks.