Dow Jones: Bubble 2.0 reaches peak
The Dow’s VentureSource released this report yesterday stating that US investment in web 2.0 companies grew 88% in 2007 over 2006 to $1.43 billion. It warns investors that investment in this sector may have peaked because the total number of deals only increased by 25%. DJ also expresses a concern that Facebook is the hungry gorilla in the bunch – accounting for 22% of the total 2007 investment.
So what does the Dow Jones consider a “web 2.0″ company?
Companies included in this study
have a business model that revolves around a dynamic interface facilitating
participation through such methods as user-created content, networking, and
collaboration. Applications include podcasting, tagging, blogs, social
networking, mashups, and wikis. Technologies used in these applications
include: AJAX, RSS, SOA, CSS, XHTML, Atom, and rich Internet applications.
Recent Comments