Skip to main content

Rapid growth of Web 2.0

I have always prided myself on my ability to keep up with news and developments in various fields. I accomplish this by regularly visiting a few top sites in the fields that I am interested in.

But from June 2005 till Jan 2006, for almost 6 months, I stopped looking at what's happening in Silicon Valley, due to a variety of reasons, personal and professional.

And when I started looking at the sites, blogs etc., again in January, I discovered that Web 2.0 has made a really fast move and in just 6 months, there may have been literally hundreds of new sites and services. While most of the services are based on technologies that existed since 2002, some of the new services are a testament to the creativity of the promoters.

And friends from San Jose tell me that the dreamers have come back; people are getting offers to quit companies like Cisco and Oracle to join these startups. See the story on Newsweek for example:

Is this another bubble? What explains this new found optimism and the sudden influx of new ideas and services, and more importantly funds and talent?

Whatever it is, one must doff the hat to the spirit of Silicon Valley and its dreamers.Hundreds of companies may go bust, but every one of them will dream of being a Rakesh Mathur or a Venky Harinarayan, or any of those successful entreprenurs from the last bubble.

So far,, and seem to be some of the early birds who have cashed in. As I make more sense of this, I will try to study what's happening on various fronts in Web 2.0 and post links to other blogs.


Popular posts from this blog

General Elections 2009 - Analysis of AP Results

Caution: Long post :)

The newspapers, the blogworld, and the electronic media are full of election results analysis this week. With the amazing victory of Indian National Congress (INC) led UPA in the Lok Sabha elections, and the INC's successful defense of its citadel in Andhra Pradesh (AP), hopes have been raised because of assured stability at both centre and state for the next five years.

Even though I am not a supporter of Congress politics, I find it hard not to feel happy about the results because: 1.The Left has been routed in its strongholds and 2.Indian electorate has decisively voted for a National party(though for the wrong one !) ; except for Bihar and Orissa, INC has fared well wherever it was pitted against the regional parties. This bodes well for our polity. I will have another post where I am going to look at the short, medium and long term possibilities for inclusive growth and economic policy under the new dispensation.

For now, I would like to indulge in some ana…

How I (could have) made Rs.100,000 from Rs.25,000 investment in 4 months..

Note:This may read like a story.But it is not. I actually want to talk about an investment idea.But as I can never get to the point quickly, you, my reader, has to read through my 'sonta dabba' (trans: blowing one's trumpet) first.

I have a friend called Srinivas who directed a critically acclaimed, but commercially not very successful Telugu movie. This was a few years ago. Srinivas and I worked on a script last year, and we were ready to meet producers around March of this year. We did meet a couple of producers who showed interest.And then the farming bug bit Srinivas big time.

Actually, Srinivas was always interested in rural development and leveraging traditional knowledge systems along with modern technology.We both had many conversations around how, by creating a database of traditional farming techniques, we could make the knowledge available to every one. We would discuss the script for a while, and then drift into a discussion on farming stories. We both have come …

Kasi Yatra - Part 4

We are back. So, the autos sped through some fairly narrow lanes of Varanasi and deposited us in front of a street with a door at its entrance (yes, a door !). The board read 'Sri Rama Taraka Andhra Ashram'. The place where we had accommodation (Karivena Brahmana Satram) was supposed to be in the vicinity. I called the Karivena Satram manager on the cell and he gave me directions. Apparently, the Satram (travelers lodge) is some 150 m from where we were. The autos wouldn't /couldn't go beyond the spot where we got down. So, I went first through the street-door and after a couple of turns, found my self in an area full of pilgrims from Andhra Pradesh, and a few restaurants doing brisk business in Idli, Dosa, Vada, Coffee and Tea. (Great ! Food won't be an issue in this area, I thought). I found the Andhra Ashram too, and a shop keeper there guided me towards the Karivena Satram.
Thirty minutes later, we were all checked in at Karivena Satram. We took four rooms and e…