web2.0

web1.0: we will burn VC money like crazy, and then make a ton of money by selling banner ads to the next generation of clueless dotcoms. In the meantime, please give us more VC money.

web2.0: we could make a few bucks with Adsense, but would rather not so we can hope for a much higher valuation if/when they buy us out. In the meantime, we organize “web3.0″ conferences.