Can the decline of WEB 2.0 rise?

Time flies, 7 years have passed, that year's High-tech master Tim O ' Reilly is the use of "Web2.0" to describe some users, can publish and share information in the emerging Community network services. With the rise of Facebook and Twitter, these similar sites are heading for elimination. The process of elimination is getting quicker and faster. Five years ago, Rupert Murdoch (Rupert Murdoch) spent 580 million of dollars on MySpace, and it was widely believed that he had a vision. 2006, Google invested 1.65 billion of dollars to launch a new YouTube. Then AOL, the 2008 Time Warner, invested Bebo8.5 billion dollars. From 2002 to 2007, venture capital injected nearly 4 billion dollars into the emerging online community service from pets to banks. Of course, the business model is relatively fragile, but it's not a problem to have a stake in an unprofitable company.

By now, the money has not been handed in. As the IPO market slowly opens, the pressure on earnings is revealed – especially for those companies that have received these sky-high valuations. Part of the problem is that this kind of business has lost its novelty, and now almost every web site adds social tools, but most of it is Facebook from a company. "A lot of websites are in front of Facebook," says Ray Valdes, an analyst at Ted. ”

Mark Zuckerberg, the founder of Facebook from his college dorm, is probably one of the few sites to achieve its expectations. Facebook is expected to generate $70 million worth of revenue from $1.4 billion trillion this year (before tax), one of the biggest forecasts since Google, and is not expected to be listed until 2012.

Even more disappointing for social-networking entrepreneurs, News Corp's NWSA Digital Media Group reported that MySpace was responsible for 150 million of billions of dollars in the first quarter of 2010, and Mr Murdoch had to admit, "we made some big mistakes." "AOL's Tim Armstrong plans to sell or sell Bebo, which has fallen 52% per cent in the past year." While Google CEO Schmidt says he is optimistic about YouTube's future, analysts predict real profits will take some time.

Meanwhile, a series of Web 2.0 companies, such as Ning, Hi5, and Digg, are replacing CEOs, cancelling free services, cutting staff, or turning to social games. Just last summer, Ning's valuation went up to $750 million trillion. This spring, the appointment of a new CEO, the staff cut 40%, and announced that users will be charged. New CEO Jason Rosenthal says the goal is to "provide the best service for the most active user base" rather than the majority of users, which is just the goal, but the user is willing to pay. This is a shift, but companies like tagged have not done so because they get less venture capital and have greater autonomy in their business operations.

Even if the company changes itself, it is unlikely to get the expectations of early investors. But memories are easy to forget. Investors have begun to throw money at the next round of startups iphone apps and social gaming companies. With the takeover rumours prevalent and the venture capital company's enthusiasm for investment, Foursquare, a new SNS service that allows users to "sign in" to where they have been, is reported to have been based on only 1 million user assessments valued at 100 million dollars. Look, it's coming again.