According to VentureBeat an interesting article from SiliconValleyWatcher web 2.0 is not only getting haggard but is no longer worthy of further investment from the VC community. In my humble opinion, anyone who states the web 2.0 term is getting old is just another fool sipp’in on the hater-aid.
You don’t have to call the kettle black, but that doesn’t mean you won’t eat the stew from it. Web 2.0 may be a tired term for all the “me too” startups, but it’s more of a VC escape for the 90% of investments that were roasted in the Web 1.0 days (remembered in the history books as the dot-com era). Every segment of the Internet has to possess indelible jargon in order to lay claim to a revolutionary trend that matures the Internet to the next level…graduation if you will.
Some VC money may be halting on web 2.0 investment but that is simply because the VC firm has chosen a different “fresher” name for the same investment. Let me know your thoughts on the Web 2.0 battle of the term…
About Tod Whipple
Yeah, 2.0 is so last year. It’s time for “web ‘Im too hip for the room” or “web ‘aint I too kewl”.