Web 2.0 on the Ropes. . . Kleiner Perkins Halts Investments - SVW
Tom Foremski caught a passing remark from a Kleiner Perkins partner, Randy Komisar, which he interprets as ‘we are no longer investing in Web 2.0 companies.’ In the blowbank, Komisar qualified what he said — or what Foremski heard — but still…
I think Web 2.0 is played out as a metaphor, and not for the deep inner thinking by Tim O’Reilly of the ‘web as a platform’ or whatever else Web 2.0 was supposed to mean.
Web 2.0 was once a forward leaning metaphor, but now is only relevant as backwards-oriented map.
What we learned is that the most important part of Web 2.0 is social. The social web has remade the world, and the rest turns out to be plumbing.
KP is still investing in social, and social is still changing the world. Lots left to go.
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