The Bubble .. again ?

I really don’t get it. Everyday I read about at least one or two new web based services that get funded by venture capitalists.
Almost everytime, I check out the site and try to figure out the business model and needless to say that I rarely find out what it might be …

I really get a feeling of being back in the year 2000 when the first “internet bubble” exploded, except that the requirements today are :

  • Have a really cool design with a nice logo
  • Have a cool name (whatever.ici.ous :-) )
  • Have AJAX all over the place and demonstrate amazing DHTML and javascript usage ..
  • Finally (this one is optional), provide a web based service of some sort and have the words Web 2.0, Social, RSS somewhere on your home page

Personnally I don’t really think all of this is bad, but I am just always amazed on how much money can be put in all these “startups”. Well at least it keeps imagination going.

P.

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