October 14, 2005

Bubble 2.0 or Web 2.0?

Filed under: Web 2.0 — Administrator @ 9:38 am

More on Web 2.0 from USAToday’s Kevin Maney – Web 2.0 conference/hype reminds me of the “IandI conferences” in Hong Kong from 1999 to 2001.

“Kind of like Nixon in ’68. Or an REO Speedwagon reunion tour. Gives you a bit of an uneasy feeling. The industry is still tingling from the loud and sweaty Bubble 2.0 — whoops, excuse me, Web 2.0 — conference here late last week.”

Kevin makes the point that Chinese companies are still stuck in Web 1.0 and thus are measured against a different yard stick…

“China, which is still in Web 1.0, it can play by Web 1.0 financial rules and have a huge IPO despite shaky business logic.”

I hate to agree with Kevin but I have to agree with Kevin…

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