RIP, two weeks back, and now

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Two weeks back, sequoia made a bang with a slide deck. This was taken up all through a blogosphere, and there were a lot of wow!’s on the presentation skills, number crunching and the graphs. Clearly, the A* blogger got nothing out of it apart from some green zigzag lines. They started pitching in lines like “web2.0 is dead, i wish i would never have to mention it again” – Michael Arrington @ Techcrunch. Well 99% of enterprenuers did not make a sense out of this and were left gaping and pondering. Someone said that web is going to die. Other suggested that startups are not going to work. Another said that means we cannot get any money for doing nothing! A friendly news channel even suggested that world has come to an end.

Smart guys saw it coming, and did nto need green lines to get the current state of affairs. One of them has put  a slidedeck on slideshare which i am putting below. Take a look at it. You’ll understand that it was inevitable and those green lines signified greed and quick bucks for our neighbourhood VC firm who have been funding these startups with as outstanding business model as “i cannot make any money out of it, but we can sell it to google/microsoft as it will add up to the value and functionality of their offerings”, and upon asking why, they’ll say, didn’t they buy jaiku?

Google has been doing a great service to startup community by acquiring startups one after the other. Their philanthropic effort, although is good, but is leading to a new business model. And as early adopters, our VCs are making it sure that there are atleast 1 million different offerings in market, so that when google goes nightly shopping, it as a decent variety .

Enough said, i think this slide deck puts my point even better.

Related crap on web mostly through Michael Arrington

• Will this recession change web 2.0? – Part 1
• Rockstar Bloggers Couldn’t Save NewsAlloy
• Friday Flashbacks: where do Seesmic, Jaiku and Mozilla Mobile stand now?
• Failing Web 2.0 stars pray for copyright abolition