Greg Linden foresees a major dot.com crash in 2008. He contends that the crash will cut deeper than what happened in 2008 and even established players could be affected. I do not think that the scenario may be so bad – while conceding some consolidation and winding up of wannabe startups is bound to happen. We just saw the massive J.P.Morgan report assessing what lay ahead for the larger players.
As I wrote almost several months back, Web 2.0 is overdue for a reality check. As I wrote here, I am not so unduly optimistic about the Web 2.0 movement – I had been calling for a reality check for some time. But the enthusiasm shown in building this movement is indeed amazing and some of applications show promise of success. I do know that this web 2.0 is managing to attract a new bunch of entrepreneurs who are generally well regarded for their capabilities and enterprise. Sure the list in the Web 2.0 hall of shame will be longer than the Web 2.0 hall of fame, but still the movement needs some positive consideration. What do the readers think – feel free to comment here/mail me.
Update : Just after publishing this noticed - kevin fox, google's user experience expert leaving google to join a startup and puudingmedia announcing closure of 8 million series A funding.
Labels: 2008, Dot.com's, Emerging Trends
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