http://www.markevanstech.com/2006/08/20/when-does-the-party-end/ Insight and Analysis from North of the Border Sat, 22 Nov 2008 17:42:37 +0000 http://wordpress.org/?v=2.6.1 http://www.markevanstech.com/2006/08/20/when-does-the-party-end/#comment-1725 AGORACOM Sun, 20 Aug 2006 16:33:53 +0000 http://markevanstech.com/?p=1710#comment-1725 Hi, Mark. My gut tells me that Web 2.0 is only beginning. Most of that stems from the fact that VC's and Web majors (Google, etc.) don't seem to have made too many <em>outrageous </em>investments into the sector. The poster child to date is still MySpace and the recent Google ad deal makes Murdoch's $500M + acquisition a smart one. The fact that YouTube, Digg, etc. haven't been snapped up by anybody tells me the majors are sitting back and waiting to see the value propositions pan out. If we were at the end of Web 2.0, we would have seen a feeding frenzy evidenced by bidding wars and outrageous prices. I don't see a feeding frenzy. The blogosphere hype may be trying to create frenzy but that hasn't spilled over into actual $$$ yet. True, VC's have been making investments but you and I both know they have no choice but to deploy their funds. Nonetheless, outflow seems to be restrained and patiently waiting/hoping for deals with real value attached to them. At the end of the day, I believe VC's and the majors have learned their lessons from the past and won't get sucked into deals that have no value on their face. During dot-com, buying/investments were driven by an urgency of missing the boat. They won't make that mistake again. Best, George Hi, Mark. My gut tells me that Web 2.0 is only beginning. Most of that stems from the fact that VC's and Web majors (Google, etc.) don't seem to have made too many outrageous investments into the sector. The poster child to date is still MySpace and the recent Google ad deal makes Murdoch's $500M + acquisition a smart one.
The fact that YouTube, Digg, etc. haven't been snapped up by anybody tells me the majors are sitting back and waiting to see the value propositions pan out. If we were at the end of Web 2.0, we would have seen a feeding frenzy evidenced by bidding wars and outrageous prices. I don't see a feeding frenzy. The blogosphere hype may be trying to create frenzy but that hasn't spilled over into actual $$$ yet.
True, VC's have been making investments but you and I both know they have no choice but to deploy their funds. Nonetheless, outflow seems to be restrained and patiently waiting/hoping for deals with real value attached to them.
At the end of the day, I believe VC's and the majors have learned their lessons from the past and won't get sucked into deals that have no value on their face. During dot-com, buying/investments were driven by an urgency of missing the boat. They won't make that mistake again.
Best,
George

]]> http://www.markevanstech.com/2006/08/20/when-does-the-party-end/#comment-1724 Anonymous Sun, 20 Aug 2006 15:41:51 +0000 http://markevanstech.com/?p=1710#comment-1724 AMEN! AMEN!

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