The truth behind Web 2.0

Ross Levinsohn of Fox Interactive reveals what's really behind the Web 2.0 mini bubble…

"I'm intrigued by some of these start-ups in the Web 2.0 space. They don't cost an arm and a leg, but they have no business model," Ross Levinsohn, president of Fox Interactive Media, told a Bank of America investor conference. Reuters.com story

As I've said before, so many of these new Web 2.0 companies are launching with great products but no means to produce revenue. Many say they will be ad supported in the future, but how far can that really get you? Their only sustainable hope is to get bought out, but then I can't really call that sustainable can I?

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