Umair Haque writes:
Despite a lot of skepticism, it’s not that we don’t have business models – we do. The market has validated, in fact, at least several different kinds: advertising (Google), transactions (eBay, iTunes), subscriptions (WSJ, NYTSelect..just kidding), metered use (Skype).
I think the problem is the opposite: the success of these models is limiting everyone’s collective vision, by letting them largely ignore to the potential of new ones.
What’s different about Web 2.0 is that lightweight technologies and convergence on multiple levels create huge new opportunities for hugely cool new business models.