Quote of the Day

“Web 2.0 is nothing more than an aftermarket for Google. Startups slicing little bits of Google’s P/E ratio, acting as sales reps for Google ads, and getting great multiples for the revenue they generate by fostering the creation of new UGC to place ads on. When Google crashes, that’s the end of that, no more wave to ride, no more aftermarket, Bubble Burst 2.0. And the flip of this is also true — as long as Google’s stock stays up, no bubble burst.”
–Dave Winer, Scripting News

Latest Comments

  1. marc says:

    Ironically enough, I was thinking of this earlier this morning…
    All these Web 2.0 companies are being fueled by the Web 1.0 companies’ online marketing budget in the form of Adsense and Yahoo’s content match.
    Google’s business model is sound and as long as Web 1.0 companies are getting their ROI, Web 2.0 companies will benefit from the marketplace.
    Prior to Google’s adsenes and Yahoo’s content match, small start-up’s with traffic had no easy-point of entry for monetization.
    Now…it’s easy to point, click and download a bit of code on a site and PRESTO… instant ad sales team with a portfolio of top ad spenders.
    The only danger in this ecosystem is the marketplace itself. Sites made for adsense or arbitrage tactics threaten this happy Web 1.0 / Web 2.0 universe.

  2. Mark E Seremet says:

    This post is actually very silly. Web 2.0 or the use of the internet in a meaningful way extends far beyond the after market of Google.

  3. Patrick Herron says:

    No. Disagreement here. The sky will never fall. The true nexus of innovation goes beyond relevance, beyond search, into generation, insight. It’s already here. Following behind Google may work for now but you’ll increasingly see new innovators bringing forth services that do something utterly different than retrieve. Google is a success because it built not the best retrieval model but rather because it built the best quality evaluation method for the general public. Following behind a company like Google, whose winning strategy now is to diversify rather than innovate, is a huge mistake. Numerous people in academic research have recognized this for some time, and some of them are coming out of school now. And they’ll be innovating new quality evaluation models attached not to retrieved information per se.
    Besides, anytime someone says, “nothing more,” well you know they’re doing, um, little more than griping.
    Informaatics is poined on the brink of solving real problems for real people, rather than helping the average person find old and average solutions to very average problems.

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