In today’s financial times it says that the founders of Facebook are holding out for their business to be worth £10bn.
In the light of this the doomsayers are rallying saying this is the Bubble 2.0
I believe that the world is not going to pop 2.0 style but is now moving towards life online?
Personally I’m not sure that FB’s £10bn valuation is a really quantifiable (surely www.locally2u.com must be up there with a chance now:) ) but I do believe that it is a move in the right direction to changing peoples perceptions and the whole way in which we live and do business.
I’m sure we will see a lot more entrants to this arena until there’s the proven Google/Microsoft of Web 2.0 (and who would have thought a garage start up would ever threaten Microsoft’s dominance)?