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Re: Where's Canada's Web 2.0 Party?
by
JPWP
Web 2.0 is characterized by "community, mobility, participation, useability and frugality" just to name a few.
Forget your fancy VC funded parties, splashy marketing campaigns and SuperBowl TV Launch Ads... in Canada or in the Valley.
Even though tech and telco markets are awash with institutional investment money right now VC's are freaked out 1) because of the GYM effect (Google, Yahoo!, MS) e.g.: the flicker [Ludicorp] buyout by Yahoo! and 2) the fact that many entrepreneurs can start a company with a Laptop and Skype account -- totally skipping the VC process altogether. Without VC funding all a company needs is one or two paying customers to reach profitability.
Web 2.0 is happening in Canada -- it's just under the press and blog radar... where it belongs.
-Jim Parsons
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