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Upcom9ng Web 2.0 BUST

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Fred Grott

Posts: 4361
Nickname: shareme
Registered: Jan, 2003

Fred Grott is Lead Developer-CEO of ShareMe Technologies LLC -The Mobile Future

Upcom9ng Web 2.0 BUST

Posted: May 25, 2007 7:40 AM

This post originated from an RSS feed registered with Java Buzz by Fred Grott.
Original Post: Upcom9ng Web 2.0 BUST Feed Title: ShareMe Technologies LLC-The Mobile Future Feed URL: http://www.jroller.com/shareme/feed/entries/rss Feed Description: A Weblog about Java programming and digital convergence on mobile devices in such areas as P2P and collaborative technology.	Latest Java Buzz Posts Latest Java Buzz Posts by Fred Grott Latest Posts From ShareMe Technologies LLC-The Mobile Future

There is a pattern showing up of every web 2.0 start up from 2003 to now making a last big efforts in getting an IPo or being bought out. The reason is because during the last presidential election VC funds during certain quarters of the year decreased substantially.

If you are a start up without a prototype than you only have 6 months to develop one and get that prototype demoed at a VC meeting as VC funding will not rebound until the last quarter of 2008 or sometime in 2009. It also means you have to have seed capital for the development of the prototype. Saying you have an idea has no meaning when we have 1 billion people coming up with an idea every day as there does not exist a unique idea in that environment it is instead the unique implementation.

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