This is the first post of a series of posts that predict a complete change on web 2.0, a crash of web 2.0 or a new web 2.0 redefined business model.

This is going to sound crazy to most of you but it’s just a theory of mine that I would like to share with all of you.

To understand my theory, in this first post I’m going to write about web 2.0 and the business model that supports it.

I’ve been online for about two years now, not so much as a webmaster but as a student. When I found out that I wanted to build Hiburrito.com and start blogging, I began reading a lot of different blogs, web news, case studies, etc. All this studying helped me understand the internet, its users, how it works and what it lacks off.

Lately I’ve been reading about new mergers, investments, venture capital and how the internet is financially evolving. This is how I came up with this theory.

hosting 2.0

When the internet evolved into web 2.0, everything about the internet changed: the websites, the platforms, its users and the whole business that supports it. Google takes most of the credit of these changes thanks to the ability and the willingness to invest in small, medium and big projects that could change the web. Google’s support for web logs (blogs) and a money making platform behind it, helped the internet grow substantially in content, users and money.

Everything was perfectly fine till a new business model was approved by investors and venture capitalists. With the inclusion of millions of new users to the internet, ambitious startups grew into massive networks with millions of certified and faithful users. The only problem is that these new startups didn’t have a solid business plan due to a new strategy of building a user database before emerging into a full business.

I agree that building a solid user database was more important than wasting time in thinking how to monetize the website. It was the way to go; web entrepreneurs couldn’t go through the same web crisis that companies like Amazon.com and Yahoo.com went through in 1.998. Now, I´m not going to blame the web entrepreneurs; the blame goes to the investors who thought of this business model that in my opinion could be the detonator of a new dot com crisis.

You can read the next post here: Web 2.0 Business Model

WOP!!!

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