Web 2.0 "Where are they now"......

Web 2.0 Graveyard from Meg Pickard

...having recently been confronted with this image in a presentation (used as being indicative of current reality), I thought it was time that it was updated.

I present these updates without reference to or predicting the demise of web 2.0 or social technologies or anything like that. Just to be a bit more accurate.

Now, at the risk of giving away my grizzled age, I pulled out my "!00 best dot.com stocks to own" from 2000. Among the 100, without any checking I reckon about 50 (at least) are dead. Here are some bright stars you may recall:

CMGI
Excite
Exodus
PSINet
VerticalNet
eToys

Lots of other lesser known casualties, plus some dot.com Zombies that are still staggering around today but have destroyed huge value, like AOL etc.

Meg has used X for Deadpool, I wonder what would happen if she also put in "Z" s for the Zombies

Update - Oo, fight club - Meg Twt'ed:

Being misunderstood by a rather defensive Mashable. I wasn't passing comment on web 2.0. I was updating an outdated image.

She's not wrong - see here

In a blog post about the image, entitled “Game Web 2.Over?”, Pickard’s stance appears at times skeptical of the Web 2.0 “koolaid” and at others somewhat neutral. She does, however, avoid taking the stand that this image may inspire: that Web 2.0 was a big overhyped bubble and you were smart if you just spent the last few years sitting on the sidelines, pouring skepticism upon these ventures and not striking out on your own.

If you were one of the idle blog commenters who declared “fail!” on every company covered by Mashable during 2007 to 2008 (and there were many of you)…congratulations, you were mostly right! And by being critical rather than trying something for yourself, you successfully avoided failure. Well done you!

However, note that those green circles represent companies that were acquired…many for millions, tens of millions or (in some cases) hundreds of millions of dollars. In fact, I propose we take this image and turn it into a motivational poster for every web company taking a chance in the social media era

Well, the sum of the market caps of my "100 best DotCom Stocks to Own" book was measured in the billions in 2000. If I took out Amazon, eBay and a few others, the total today would be less than the price of the book. There are always a few big winners, and most are big losers, its a Darwinian Power Law world.

You may also be interested to know that Google was not covered.....