What Does a VC Think About Web 2.0?

Submitted by Aaron Pava on March 20, 2007 - 2:52pm.

"Much of the "easy" innovation seems to have been wrung out of the Web 2.0 wave. Web 2.0 was cheap - thanks to open source, simple - thanks to RSS/REST, and distinctive - thanks to AJAX and Flash."

"Now the hard work begins, again. The next wave of innovation isn't going to be as easy. The hard problems in the WWW are no longer usability or ease of everyday content creation. These problems are solved."

"Now the hard part is moving from Web-as-Digital-Printing-Press to true Web-as-Platform. To make the Web a platform there has to a level of of content and services interoperability that really doesn't exist today."