2005’s Biggest Unfulfilled Hype
Dan Primack , with a paraphrase of Churchill’s famous quote, describes Web 2.0 as 2005’s biggest unfulfilled hype:
“Web 2.0. Sure there is tons of money being spent, but how much of it is being spent on gadgets with real revenue-generating potential? Not much. Never before has an entire VC-backed industry been so reliant on just a handful of potential acquirers (Google, Yahoo).”
(Via Paul Kedrosky )
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