We’re only days in to the new year and already there are predictions of how 2008 will play out. BusinessWeek published the 10 likely events in 2008, with the crash of Web 2.0 predicted.
If a recession finally hits, Web 2.0 companies will find there are neither enough ad dollars out there for all of them to survive on, nor enough big corporate buyers such as Google (GOOG), Microsoft (MSFT), and traditional media companies to buy them all out. What’s more, venture capitalists may decide that momentum looks better for clean-tech investments than for Web startups that depend on a cyclical business like advertising. So more will join the “DeadPool,” as the Web startup blog TechCrunch calls its list of failed companies.
Also noted in BusinessWeek’s article was the slow turn away from social networking sites like Facebook.
Tweet This Post!