Tuesday, May 01, 2007

"Pop" Goes the Web 2.0 Bubble?

May 1st may have been the start of the end of "Web 2.0". The reason is because Digg has been trying to hold off droves of people from posting the code to crack all HD-DVDs. And it isn't working. So now it looks like everything is going to have to change. I may be (hopefully) making too big of a deal about this but I'm not the only one that thinks this. Joe has a very good write up about the going ons until now.

Here is a good summary of what went on.
Also now Kevin Rose has also posted this on Digg, saying that they will not delete the story anymore. And what do you know the number isn't every story on Digg now, in fact there hasn't been a new story about the number since Digg decided to allow the stories. But this may mean the end of Digg, and people will have to think twice about investing in companies like this. You have to give it to Kevin and the guys at Digg though, they are probably going to lose Digg over this number and to fight HD-DVD. And recently Digg had been valued at over $150 million. That's a good chunk of money.

No comments: