{"id":1883,"date":"2007-11-05T09:51:56","date_gmt":"2007-11-05T13:51:56","guid":{"rendered":"http:\/\/www.mathewingram.com\/work\/2007\/11\/05\/kleiner-web-20-is-so-over-dude\/"},"modified":"2007-11-05T09:51:56","modified_gmt":"2007-11-05T13:51:56","slug":"kleiner-web-20-is-so-over-dude","status":"publish","type":"post","link":"https:\/\/mathewingram.com\/work\/2007\/11\/05\/kleiner-web-20-is-so-over-dude\/","title":{"rendered":"Kleiner: Web 2.0 is so over, dude"},"content":{"rendered":"<p>So a partner at Kleiner Perkins, one of the premier Silicon Valley investment firms, has <a href=\"http:\/\/www.siliconvalleywatcher.com\/mt\/archives\/2007\/11\/web_20_is_on_th.php\">apparently told Tom Foremski<\/a> of Silicon Valley Watcher that they have &#8220;no interest in funding Web 2.0 companies any more.&#8221; For Web 2.0 devotees, this is a little like King Arthur telling you he&#8217;s really not that hot on the whole Grail thing any more, and you can stop looking now.<\/p>\n<p>I wasn&#8217;t really aware of Kleiner Perkins doing all that much investing in Web 2.0 companies, actually. I always thought of them as playing in the big leagues &#8212; the Googles, the Ciscos, etc. But whatever. I guess the party is over now, right? Kleiner has <a href=\"http:\/\/markevanstech.com\/2007\/11\/05\/does-the-web-20-emperor-have-no-clothes\/\">taken away the punch bowl<\/a>. All those startup CEOs hoping to get rich quick can go back to working at Kinko&#8217;s or whatever they were doing before Web 2.0 came along.<\/p>\n<p>As far as I&#8217;m concerned, if KP&#8217;s comment means less money flowing into questionable startups with no business plan and a stupid name that&#8217;s missing a bunch of vowels, I&#8217;m all for that. I&#8217;m going to side with Tim O&#8217;Reilly, who posted a comment on Tom&#8217;s blog saying:<\/p>\n<blockquote><p>&#8220;If a company needs to identify itself as a &#8220;Web 2.0&#8243; company rather than describing the problem they are solving, or the opportunity they are creating, then they are just playing the buzzword game, and aren&#8217;t worth investing in.&#8221;<\/p><\/blockquote>\n<p>If that&#8217;s what the Kleiner Perkins guy meant when he told Tom that they&#8217;re not interested in financing Web 2.0 companies any more, then I think he&#8217;s into something.<\/p>\n<div class=\"syndication-links\"><\/div>","protected":false},"excerpt":{"rendered":"<p>So a partner at Kleiner Perkins, one of the premier Silicon Valley investment firms, has apparently told Tom Foremski of Silicon Valley Watcher that they have &#8220;no interest in funding Web 2.0 companies any more.&#8221; For Web 2.0 devotees, this is a little like King Arthur telling you he&#8217;s really not that hot on the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mathewingram.com\/work\/2007\/11\/05\/kleiner-web-20-is-so-over-dude\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kleiner: Web 2.0 is so over, dude&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crsspst_to_mathewingramblogwordpresscom":false,"mf2_syndication":[],"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-1883","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/1883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/comments?post=1883"}],"version-history":[{"count":0,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/1883\/revisions"}],"wp:attachment":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/media?parent=1883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/categories?post=1883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/tags?post=1883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}