Web 2.0 Lies

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.

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.