Here is the comment I left on Mr.6’s post:
Web 2.0這周末被宣告死亡!建議所有網路創業家準備自學寫程式
Overall, I believe it’s difficult to change WEB2.0 bulls’ mind set even though they are witnessing what’s happening everyday. I call it Stubborn2.0.
But before we go further, let’s have a delicious appetizer first: (Disclosure: I’m in fact bullish, too. I’d absolutely like to see the global stock markets go way up and up.)
And the comment I posted with a little bit modifications:
The real problem: Economy downturn -> Advertisers cut marketing budgets (including online media plans) -> WEB2.0 sites revenues decrease (if there’s any revenue at all)
If your WEB2.0 sites are not counting on onsite ads to survive, then congrats! Lucky you.
Let’s face the reality. Ask yourself practical questions - “what’s my business model?”, “how’s my company’s burn-rate?”, “when will my company break-even?”, “where should I start the expense cuts?”
It’s time to focus on cash flows, rather then user growth.
Business is business. Your cost-effective-socially-connected-user-generated-content-software-as-a-service-crowd-wisdom-leveraged-light-weighted-programing-cloud-computing-permanently-Beta-widgetized-and-portable-and-opened-platform-ed-WEB2.0-dreaming may be no longer a sustainable business model during recession. Just keep dreaming big, when everyone is willing to spend.
Bonus reading : Sequoia Capital’s warnings & call-for-actions for their portfolio companies:
http://timothychen.info/2008/10/10/bye-the-good-old-time/
- Tim
Nothing could be better than being ended with Michael Arrington’s quote-of-the-day and the infamous Cyprus video:
Goodbye, Web 2.0. I hope I never have to type those words again. Now can we please get back to work? There’s still a ton left to do before we get to Matrix-style virtual reality, the Singularity, and mobile phones with batteries that last a whole day. (source)
Tags: Cyprus短片, WEB2.0泡沫
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