Comments on: Is Web 2.0 Out of Original Ideas? http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/ Internet news and commentary Mon, 01 Dec 2008 16:41:37 +0000 http://wordpress.org/?v=2.5.1 By: Ryan http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-583261 Ryan Sat, 10 May 2008 23:45:22 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-583261 how about an ebay.com killer? one is coming when you least expect it... how about an ebay.com killer? one is coming when you least expect it…

]]> By: Cyndy Aleo-Carreira http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-480231 Cyndy Aleo-Carreira Mon, 14 Apr 2008 20:09:38 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-480231 Ian, do you know what a company's burn rate is when you have to have a private chef for the cafeteria and a masseuse and at least one foosball table per 24 employees? Of COURSE you need VC. ;) Ian, do you know what a company’s burn rate is when you have to have a private chef for the cafeteria and a masseuse and at least one foosball table per 24 employees? Of COURSE you need VC. ;)

]]> By: Ian Hendry http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-479441 Ian Hendry Mon, 14 Apr 2008 14:51:26 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-479441 Cyndy, spot on. In which case, you wonder whether the funds these guys seem able to raise are actually *needed*, in addition to whether they are *worth* it. Perhaps its just an important badge to have in the Web 2.0 world. God help any company that might not need VC partners because it's actually making money from the word go! If this is the case then things are broken and the quicker they get fixed (i.e. the quicker the "new conomy" catches up with "old economy" rules), the better for us all perhaps...? Ian Hendry http://www.wecando.biz Cyndy, spot on. In which case, you wonder whether the funds these guys seem able to raise are actually *needed*, in addition to whether they are *worth* it. Perhaps its just an important badge to have in the Web 2.0 world. God help any company that might not need VC partners because it’s actually making money from the word go!

If this is the case then things are broken and the quicker they get fixed (i.e. the quicker the “new conomy” catches up with “old economy” rules), the better for us all perhaps…?

Ian Hendry
http://www.wecando.biz

]]> By: Cyndy Aleo-Carreira http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-479301 Cyndy Aleo-Carreira Mon, 14 Apr 2008 13:44:25 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-479301 Ian, that's a good question. I think there is a much more extreme situation here than there has been in the past simply because of the low point of entry. You can build a Twitter clone in two weeks, but you can't set up a new automotive company in that amount of time. Some of that low point of entry may be responsible for the lack of business plans and value propositions. There's just that much less investment required to begin with. Ian, that’s a good question. I think there is a much more extreme situation here than there has been in the past simply because of the low point of entry. You can build a Twitter clone in two weeks, but you can’t set up a new automotive company in that amount of time.

Some of that low point of entry may be responsible for the lack of business plans and value propositions. There’s just that much less investment required to begin with.

]]> By: Ian Hendry http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-479221 Ian Hendry Mon, 14 Apr 2008 12:52:36 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-479221 @Cyndy An interesting idea. I wonder how much more the telecommunications industry or automotive industry would have progressed if the guys with the new ideas had just worked for the large incumbent rather than set up their own companies to challenge the status quo? You will never hear me knocking innovation, but I wish that new companies with "cool new stuff" where under a little more pressure to support it with a sound business model and value proposition before being given money to make it live. That way, we might see the new stuff appearing being genuinely valuable in the first place, rather than just providing inspiration for someone else to take it and make it better. Ian Hendry http://www.wecando.biz @Cyndy

An interesting idea. I wonder how much more the telecommunications industry or automotive industry would have progressed if the guys with the new ideas had just worked for the large incumbent rather than set up their own companies to challenge the status quo?

You will never hear me knocking innovation, but I wish that new companies with “cool new stuff” where under a little more pressure to support it with a sound business model and value proposition before being given money to make it live. That way, we might see the new stuff appearing being genuinely valuable in the first place, rather than just providing inspiration for someone else to take it and make it better.

Ian Hendry
http://www.wecando.biz

]]> By: Cyndy Aleo-Carreira http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-466101 Cyndy Aleo-Carreira Fri, 11 Apr 2008 03:26:14 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-466101 @ryan But what will it take to change things? The recession? A whole mess of companies going under? @Ian Of course they could. It seems, however, that everyone thinks it makes more sense to build their own me-too app to fix it rather than just offer suggestions. Wouldn't it be better to say "Hey, here's how you could make this better" and go work for a company that's already had some success than try a do-over, which will probably end up with some failings of its own? @ryan But what will it take to change things? The recession? A whole mess of companies going under?

@Ian Of course they could. It seems, however, that everyone thinks it makes more sense to build their own me-too app to fix it rather than just offer suggestions. Wouldn’t it be better to say “Hey, here’s how you could make this better” and go work for a company that’s already had some success than try a do-over, which will probably end up with some failings of its own?

]]> By: Ian Hendry http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-462501 Ian Hendry Thu, 10 Apr 2008 06:29:20 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-462501 Interesting discussion and for the main part I agree with you Cyndy. The most welcome "new" stuff will be the stuff that is genuine new and makes the old way of doing kind of the same thing redundant. More of those please... That said, I also agree that there are currently a lot of Web 2.0 things that, with tweaks, could be done a lot better. New? Not as such, but perhaps done with an eye on how the rest of the world works and not just to impress the blogosphere - which makes them new to everyone else. Prime amongst things that need tweaking is bringing enough value to users through Web 2.0 apps that they may be prepared to pay to use them. An old fashion notion given that ads can pay for them? Well, how many ventures actually are proving that ads can pay for them? Ian Hendry http://www.wecando.biz Interesting discussion and for the main part I agree with you Cyndy. The most welcome “new” stuff will be the stuff that is genuine new and makes the old way of doing kind of the same thing redundant. More of those please…

That said, I also agree that there are currently a lot of Web 2.0 things that, with tweaks, could be done a lot better. New? Not as such, but perhaps done with an eye on how the rest of the world works and not just to impress the blogosphere - which makes them new to everyone else.

Prime amongst things that need tweaking is bringing enough value to users through Web 2.0 apps that they may be prepared to pay to use them. An old fashion notion given that ads can pay for them? Well, how many ventures actually are proving that ads can pay for them?

Ian Hendry
http://www.wecando.biz

]]> By: ryan http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-460941 ryan Wed, 09 Apr 2008 18:56:25 +0000 http://profy.com/2008/04/09/is-web-20-out-of-original-ideas/#comment-460941 It's an interesting debate and one that has been energized by this recent "bitchmeme". But, it's important to note that there are so many things that still need to be "fixed" using the philosophies and technologies of 2.0. The trouble is that apps/companies continue to fight over solving the same problems in mostly similar ways instead of jumping into other spaces untouched by 2.0. It’s an interesting debate and one that has been energized by this recent “bitchmeme”. But, it’s important to note that there are so many things that still need to be “fixed” using the philosophies and technologies of 2.0. The trouble is that apps/companies continue to fight over solving the same problems in mostly similar ways instead of jumping into other spaces untouched by 2.0.

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