I hope everyone had a great
Thanksgiving break and that you’re not having to eat turkey sandwiches all this
week. …

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Originally uploaded by R.J. Friedlander.

(Summit + commentary = summitary)
Om Malik encapsulated the Summit right at the end of his overview.
Here, we’re so far ahead of the curve, it’s a race to see who can be cynical first.
Twice …

The general consensus feeling about this year’s Web 2.0 conference is that it was a fantastic networking experience, but offered little content-wise that was truly new. As I plan for Supernova 2007 (next June 20-22 in San Francisco), I’m thinking…

Web 2.0 is so over. First came the tepid reviews of last week’s third annual Web 2.0 conference. “If you were looking to learn something new,” sniffed GigaOm’s Liz Gannes, “this week’s Web 2.0 Summit was not the place to be.” “Every conversati…

When Ross Levinsohn was asked about the shareholder lawsuit being brought by the former Intermix CEO regarding the MySpace deal, rather than replying with the standard “no comment on ongoing litigation” he made a detailed analogy to the 1986 Tyson-Berbick championship bout.

If you have any knowledge of the backstory of the lawsuit (or boxing history), this was worth the price of admission by itself.

LOL. You mean, because of all the people who have pets, and need food for them, in comparison with all the people who need distinct apps to remember web pages for them? Oh and wait you actually (own? work for?) are involved with a social bookmarking company. Good luck with that rock solid business model.

– TechCrunch

that said, i think NetVibes and Omnidrive are best of the bunch and positioned to do well.

Whoever made such a suggestion obviously does not have a clue. The business model and value proposition of an online social bookmarking site is rock solid where as shipping a 75 lb. pound back of dog food is not.

Obviously, there is another imporant issue and that is whether the space if overfunded. I would argue yes. Lots of spaces in “bubble 2.0″ have far too many players. This is caused by very low startup costs and too many VCs wanting to be part of the action which results in overfunding. The social bookmarking space is probably one of the segments that has gotten too much attention from hungry investors.

However, I would argue that the online video space will see far more casulties since there are dozens of VC backed players.

Back to social bookmarking. I can see lots of the US VC backed players struggling and their Alexa traction already shows as much. Why am I picking on the US backed players? Because they have a cost structure that is far in excess of the revenues that are likely to materialize form a social bookmarking site in the short term.

However, (link) , which is supported from our development team in Kuala Lumpur is already profitable and cash flow positive. How? Because the revenue per page view that we see is rock solid and more importantly, our overhead and costs of doing business are tiny.

Read/WriteWeb’s Web 2.0 Summit coverage sponsored by Yahoo! It’s the end of a hectic week of conference-going for your R/WW correspondent - and so time for a wrap-up of my thoughts on the Web 2.0 Summit. Firstly, my overriding feeling…