Emergic: Rajesh Jain's Blog

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Web 2.0 Lies

November 8th, 2006 · No Comments

SF Gate writes about 10 lies. Among them:

1. We learned our lesson last time. And we’re going to cash out before this bubble pops.

2. This is not a bubble. Hot parties, overheated PR pitches, and five or six dozen social networking sites are just healthy indicators of a new boom.

3. It’s all about community and sharing. But we told our venture capitalists that our exit strategy will make them rich. (Corollary: But you have to know someone to get into our conference/party.)

4. Online advertising will pay for everything. As if click fraud is any kind of a threat.

5. These sites are so easy, my mother could use them. And they’re so geeky, she has no interest in even trying.

Tags: Software

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