Many members of the so-called Web 2.0 generation of Internet companies, such as social-networking sites, blogs and other similar “social media,” have made little revenue, the Financial Times reported.Roger Lee, a partner at Battery Ventures, told the FT there is going to be a “shakeout” in the industry in the next year or two, with many Web 2.0 companies disappearing.
full story
Tuesday, May 27th, 2008 - No Comments »
