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October 25, 2005

Web 2.0: let's stop the debate and let's go build great companies, shall we ?

Ever since Tim O’Reilly offered a well constructed definition of “Web 2.0”, we (and I am as guilty as others) have gone into a bubble of derivatives, rejections and now flat-out derision. Chris Pirillo offered the last strike with his "Web 2.0" Doesn't Mean Anything Yet.

"Web 2.0," much like the terms and technologies that envelop it, is perfect for elevator pitches and business plans. The desire to slap a name onto this renaissance is only human nature... even though nobody can agree on where we're going or what we're doing or what it is! We're in the middle of a movement, my friends - let's just enjoy it. Let's just mold it into whatever it gets molded into. "This" is a renaissance - and it won't be properly defined until it's well past us. Stop arguing over what it is and what it's not - just get on with creating things, sharing information, and generally trying to make this world a better place.

Let’s just say that Web 2.0 is useful term to represent this current generation of Internet companies, and get on with it: building sustainable companies that might eventually run into interesting short term opportunities depending on “market dynamics”. But you can’t push it and only build features, as David (Hornik) spells it out in  Built To Be Bought (Bubble 2.0) (do check out the comment from Dick Costollo, the CEO of FeedBurner).

So how about we stop arguing and go build great companies.

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Comments

well said Jeff. enough already we all know we're in a great place for innovation and advancement...go out and just do it.

Kudo's to your terse comment.

John

It is becoming boring only because so many people complicated it. I believe Web2 is just about making it easier for web applications to talk to other web applications, and there being a business model in focusing on a single niche and executing it correctly so that other applicaitons can interact with your own. I am a bit late to this but I wrote about what it means for business in this post.

I don't believe doing an old concept with a pretty new interface and 'web2.0 colors' is what this is all about (flickr is an example), its a slight shift towards user-centric applications to caring as much about how other applications will use your application.

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