Web 2.0 just another bubble?

Posted on Sunday, December 31 2006 @ 12:03 CET by Thomas De Maesschalck

Wall Street Journal published an article about Web 2.0. Here's a short snip:

There were no blockbuster Internet IPOs and just one Web deal (Google's purchase of YouTube) valued at more than $1 billion in the past year. But the flood of money and flurry of activity prompts the question: Is Web 2.0 another bubble or are the startups getting funded today more sound than ones created in the run-up to the last bust?

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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