I think he speaks the truth, how many web 2.0 sites get enough traffic to generate a decent revenue from their advertising? - Gadiel Rivera

The big difference "this time around" is that there is some really exciting technology coming out of the web interactivity boom, and regardless of the fate of individual companies, the technology is here to stay. Last time, the bubble was epitomised by braces-wearing yahoos raking in investment capital and blowing it on big parties and very, very basic technology. There was nothing actually there to sell, hence the "bubble". Web 2.0 isn't a bubble, it's a multilayered technoblanket of socialism, - Sir Slippy of Slippington

Oh yeah... no VC blown on big parties with nothing to sell to see around here. Carry on. - Cyndy