Who is Making the Most Money from Web 2.0?
By Tom Foremski - September 3, 2008
The Web 2.0 sector is a vibrant sector that is supported by hundreds of millions of dollars in venture capital. But how many "Web 2.0" companies are profitable? What's the value of the Web 2.0 market as a whole?
It depends how Web 2.0 is defined but probably there aren't any profitable Web 2.0 companies yet, and the total value of the market is too small to measure.
So who is making money out of Web 2.0? That's easy, it is the conferences such as TechCrunch50 with tickets at $2,995 each. And of course Tim O'Reilly's trademarked Web 2.0 conferences such as the upcoming Web 2.0 Summit at $3,795 for each ticket.
BTW, I thought TechCrunch50 was supposed to kill DEMO? Last I looked DEMO is very much alive and kicking. It is just $2,999 but you can save $4 with this promo code: F8STANDARD1, which makes it exactly the same price as TechCrunch50.
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Please see: Web 2.0 Is On The Ropes. . . Kleiner Perkins Halts Investments
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Comments (6)
The difference in TechCrunch50 and Demo is that Demo charges $18,500 for the company to present. TechCrunch50 does not charge the company, only the attendees.
Posted: September 2, 2008 11:47 PM
There are companies making money on the periphery of Web 2.0 also. My company is one of them. I think Web 2.0 is a HUGE stepping stone to what the Internet will become. As with everything, the Web is in a state of constant change.
Angela
Backlinks
Posted: April 2, 2009 5:36 PM
My company also revolves around Web 2.0 also. I believe that Web 2.0 is a only the beginning of what Internet will become.
Posted: April 4, 2009 11:50 PM
I dont know what others think but web 2.0 has been an idea thats been around for many years now and many businesses are trying to figure out how to capitalize. Perhaps your right, the best way to capitalize on web 2.0 is only to talk about it at seminars, charges crazy prices like $3k from guest speakers on ideas on how to make money from it.
I have been with a top web marketing firm for many years and we are still having a problem monetizing it. The idea of web 2.0 is awesome, but how to charge a business to take advantage of it seems almost impossible
~Sam
Posted: April 14, 2009 2:18 PM
I wouldn't shell out 4 grand to attend a conference, however the attendance fees people are paying illustrates that there is serious pesos to make online. You know what I like about Web 2.0, is that you can be sitting on a balcony in Tuscany, on a beach in Malaga, or in a bistro in Paris and you can be making money with a wi-fi connection, a laptop and a great idea. Beats the cubicle monotony of a 9-5.
Posted: August 21, 2009 11:43 AM
A $4 discount will unlikely make a difference in the decision to shell out three thousand. Lucy's comment is very perceptive about what other productive things you could be doing with that same money.
Posted: September 12, 2009 9:01 AM