Where’s Web 2.0?

Greater Boston venture capitalists are seeking the second wave of Internet start-ups, based on Web content, social networking, digital media

Venture capitalist Michael Hirshland, general partner at Polaris Venture Partners in Waltham, has devoted the past two years to hunting for investments in what is arguably the hottest field in technology today: the second wave of Internet start-ups known as Web 2.0.

Unfortunately for his family and for the high-tech industry in Greater Boston, he has spent much of that time on airplanes.

“Truthfully, I have found a proportionately much larger set of opportunities coming to me from other areas," conceded Hirshland, who blogs about Web 2.0 and other trends under the moniker VCMike. “If I look at my last three or four deals, they were in Los Angeles, New York, San Francisco, and San Francisco."

By Robert Weisman, Globe Staff

Full Story: http://www.boston.com/business/markets/articles/2006/08/07/wheres_web_20/