Agoracom Blog

The Only Web 2.0 Bubble Is The Number Of Bubble Experts

Posted by AGORACOM at 8:53 PM on Monday, June 4th, 2007
Good evening to you all. Sorry for going off the grid for the past 10 days but 2 days at the best web conference in the country and all the follow-up work kept me busy.I’m back and happy to comment on a great post by Marc Anderseen, the famous founder of Netscape, in which he argues there is no Web 2.0 bubble . I respectfully agree. Marc hits the nail on the head with this statement:”This is money coming from real advertisers and real users for real services with real value.

During the dot-com boom, I couldn’t find any correlation between sky-rocketing market caps and online purchases by those around me. People were mostly browsing in every sense of the word.

Today, survivors of the bust are delivering real products that all of us are willing to pay for – and price isn’t always the deciding factor. We are now paying for convenience. Oddly enough, much of this has to do with the fact the web has made us busier (can you say e-mail backlog), thereby forcing us to turn to the web for goods and services. Hmmm.

Conclusion – it is far too early in the “real” cycle to predict its demise. True, I think we still tend to celebrate blue-sky “cool” ideas more than boring money markers – but if we took a moment to recognize the latter most would probably be shocked by the number of real dot-coms out there. I am proud to say AGORACOM is one of them and look forward to thousands more joining the club in the next few years.


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