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Web 2.0: Meet Venture Capital
New Web technologies let entrepreneurs do more with less, but they’ll still need venture funding to grow.
The emergence of Web 2.0 companies (see "’Web 2.0′ Has Arrived,") is causing a good deal of excitement for entrepreneurs. Among the hallmarks of these next-generation companies are their low startup costs, limited infrastructure needs, and speedy time-to-market with products. Because of these modest requirements for launching a company, the reliance on venture capital, some argue, has been greatly reduced for Web 2.0 companies.
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Alarm:clock http://www.thealarmclock.com/mt/ is a daily news site that evaluates privately-held technology startups in the areas of hardware, software, the Internet, and wireless communications.
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By Jon Burke
Full Story: http://www.technologyreview.com/articles/05/10/wo/wo_101905burke.asp
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