The possibilities are mouth watering: Flickr, My Web, del.icio.us all under one umbrella. Blessed we are, to live in such interesting times in Y!. Though I honestly believe that its good for either party, the flip side is that yet another flagship Web 2.0 company goes the acquisition way. Along with webservices, ajax and community, an attribute common to all these so called Web 2.0 companies is the lack of a sustainable business model. The irony is that they need a veteran - and now in hindsight called Web 1.0 - company to buy and foster them. On a related note, people often ask me in my webservices orientation classes about what the business model is for webservices. And I can't help but say 'tell me if you know one'. Honestly, there isn't any - at least it isn't obvious. The business model, or lack thereof of one, is perhaps the biggest reason why Web 2.0 is being dubbed Bubble 2.0. Three success stories of our times, sites that our generation - at least the geek community - has probably spent a lot of its time on, all three of them Web 2.0 companies, have now been bought: livejournal, flickr and delicious. It remains to be seen if any of the remaining ones (who?) can sustain on their own. Interesting times, nevertheless. Tags: yahoo Current Mood: excited
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