in Projects, Programming, Technology

Michael Arrington at Gnomedex 30 June 2006

Michael Arrington of TechCrunch led a discussion about Web 2.0, and whether the rift of new companies will succeed. Here are a few bullet points I jotted down.

  • We’re not in an echo chamber
  • Many new businesses will reach the mainstream
  • 9 out of 10 will fail, and few are genuinely innovative
  • Is advertising a sufficient business model (yes, it is growing, only a fraction of advertising spending is online so far)
  • Net Neutrality could cripple innovation
  • The network effect makes sites successful
  • There can be plenty of successful microbusineses

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