“Web 2.0 is nothing more than an aftermarket for Google.”
Amen.
Dave predicts that we’ll know when the web 2.0 bubble bursts when Google’s stock crashes.
This will happen when the ad market stutters again. Google is the infrastructure that routes ad revenue to many startups, but the crash comes when the ad market stops growing at the same pace. My guess is that this will be half way through next year when consumer spending drops triggered by the real estate market crash.
Imagine what all those business plans look like with their eCPMs halved.