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	<title>Comments on: Business Links of Note</title>
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	<description>Entrepreneurship, Startup Companies and Business Philosophy</description>
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		<title>By: David G</title>
		<link>http://www.businesspundit.com/business-links-of-note/comment-page-1/#comment-762</link>
		<dc:creator>David G</dc:creator>
		<pubDate>Thu, 06 Apr 2006 17:17:24 +0000</pubDate>
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		<description>I ask my ex-colleagues at Amazon what they think about Web2 all the time - it&#039;s become a bit of a game - 9 out of 10 of them have not heard the term - those that have, are working on acquisitions. When I was at Amazon, Jeff B useed to constantly remind us that &quot;it is still day 1&quot; - that was in year 7.

It is a curse of being a visionary that you have to stick with your invention long after it&#039;s lost its sex appeal to you - before you see it earn its fair share of the market. Adoption of consumer offerings is painfully slow - and that&#039;s even more true of web-based products - so, for web 2, it&#039;s still very very very early days.
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		<content:encoded><![CDATA[<p>I ask my ex-colleagues at Amazon what they think about Web2 all the time &#8211; it&#8217;s become a bit of a game &#8211; 9 out of 10 of them have not heard the term &#8211; those that have, are working on acquisitions. When I was at Amazon, Jeff B useed to constantly remind us that &#8220;it is still day 1&#8243; &#8211; that was in year 7.</p>
<p>It is a curse of being a visionary that you have to stick with your invention long after it&#8217;s lost its sex appeal to you &#8211; before you see it earn its fair share of the market. Adoption of consumer offerings is painfully slow &#8211; and that&#8217;s even more true of web-based products &#8211; so, for web 2, it&#8217;s still very very very early days.</p>
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		<title>By: COD</title>
		<link>http://www.businesspundit.com/business-links-of-note/comment-page-1/#comment-761</link>
		<dc:creator>COD</dc:creator>
		<pubDate>Thu, 06 Apr 2006 15:51:35 +0000</pubDate>
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		<description>It&#039;s probably a safe bet that WalMart&#039;s operating costs will be higher in the crime ridden neighborhoods due to higher security costs and higher losses to theft. So they either accept a lower operating margin, or raise prices on low income consumers and get crucified in the press. Seems like a no win situation to me.

I think recognition of Web 2.0 is directly correlated with recognition of Jason Kottke. If you know who Kottke is, you probably are familiar with the Web 2.0 buzz. If you have never heard of Kottke...and 99.9% of people in the US have probably never heard of Kottke.
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		<content:encoded><![CDATA[<p>It&#8217;s probably a safe bet that WalMart&#8217;s operating costs will be higher in the crime ridden neighborhoods due to higher security costs and higher losses to theft. So they either accept a lower operating margin, or raise prices on low income consumers and get crucified in the press. Seems like a no win situation to me.</p>
<p>I think recognition of Web 2.0 is directly correlated with recognition of Jason Kottke. If you know who Kottke is, you probably are familiar with the Web 2.0 buzz. If you have never heard of Kottke&#8230;and 99.9% of people in the US have probably never heard of Kottke.</p>
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