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2.0 or 2.No?
For angel investor Ron Conway the Web 2.0 world has a lot of life left in it. "I don't think the hammer is going to come down on all these Web 2.0 companies ... I think companies in the video space, in cloud computing, in social networking and what we call social communities will all continue to thrive. I see innovation continuing to happen and the mobile market playing an important role. It is still in its infancy and will see massive growth." For those at the consumer end of Web 2.0 the upside of the downturn is its potential for injecting some rigour into the business. Full Article at BBC NewsI don't think the hammer is going to come down on all these Web 2.0 companies ... I think companies in the video space, in cloud computing, in social networking and what we call social communities will all continue to thrive. I see innovation continuing to happen and the mobile market playing an important role. It is still in its infancy and will see massive growth.
SOURCE: BBC News
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2.0 or 2.No?
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But liquidity? How is it that we get those companies to produce a return for their employees and investors? That is another question. We might not see liquidity for the next three or four years
SOURCE: BBC News -
They come from finding something really meaty and tough and hard and putting your best minds to work on it and making the world a better place as a result. I think we have that opportunity brought home to us by this downturn
SOURCE: BBC News -
Thus you have seen VC companies come out and tell their companies that they are not going to get any more money ... Consequently many of the valuations for those companies have also gone way down.
SOURCE: BBC News -
The good ideas will get funded. Most of the profits made in the venture capital business, if not all of them, are made by 5% of those firms. They are going to keep funding the good ideas but they won't be on as attractive terms and it's now a buyers' market instead of a sellers' market
SOURCE: BBC News -
What we have seen in the last three or four months is that funding has pretty much dried up for internet Web 2.0 companies
SOURCE: BBC News -
The purpose I would urge all of you - as many are as willing to take it up - is to bring about a higher level of consciousness about our planet and the intermittent danger and opportunity we face because of the radical transformation in the relationship between human beings and the earth.
SOURCE: BBC News -
The next great companies don't come from jumping on the bandwagon
SOURCE: BBC News -
Areas like the smart power grid, collective action on early disease detection or disaster response, or personalised medicine are all examples of how the principles that drove the consumer internet can be applied in other areas
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You have to conclude, if you look at the focus of a lot of what you call 'Web 2.0', the relentless focus on advertising-based consumer models, lightweight applications, we may be living in somewhat of a bubble, and I'm not talking about an investment bubble
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