The "Picky VC" is at it again ...
There is no Web 2.0 except in the minds of marketing folks who can think of no other way to differentiate their new product from the one that failed in the same space in 2001. That goes for all you VCs too. Let's stop justifying investments on some mythical macro trend in favor of Web 2.0. We need to justify investments based on market opportunity and defensible technologies. Maybe the honest VC tagline should be "Web 2.0 - because my partners won't let me invest in traditional software anymore."
