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Bye Bye Web 2.0

November 5th, 2007 · 2 Comments

On the same day that DC seems to finally be getting some attention for being a bastion for web 2.0 style startups…

Articles in today’s Washington Post:

Bulding a Community Byte, By Byte

and

Web’s New Field of Dreams Emerges in DC

Kleiner Perkins has indicated that they’re not at all interested in funding any more Web 2.0 ventures.

“We have absolutely no interest in funding Web 2.0 companies,” says Randy Komisar, a partner at Kleiner Perkins.

This should be of little concern to the DC tech community, as the talent pool here is not married to building ‘2.0′ style businesses necessarily. It’s fixated on building out great ideas - and there will always be money for that.

If anyone needs some guidance in terms of getting over the Web 2.0 bingefest, Steve Rubel posted “Five Simple Sobriety Steps for Web 2.0 Kool Aid Boozers“. Time to detox.

-By Peter Corbett

Tags: startups

2 responses so far ↓

  • 1 Greg Gershman // Nov 5, 2007 at 9:20 am

    I’m very much in favor of saying goodbye to Web 2.0, and more into focusing on meeting user needs and developing profitable web businesses!

  • 2 Justin Thorp // Nov 5, 2007 at 1:09 pm

    Yay for getting passed buzzwords and getting on to business.

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