Web 2.0 – $1.63 BILLION spent this year!
Posted by rexdixon on November 8, 2006
Venture capitalists invested $455.5 million into Web 2.0 companies in the first three quarters of the year, more than twice the amount invested over the same period last year. Overall, more than $1.63 billion has been invested so far this year into 198 “consumer technology” companies headquartered in the U.S., but 79 of those companies were classified as “Web 2.0.”
Technically Speaking, as I already said today – there are people that have listened to the Coffee show, and there are people who need too. These are the ones that are still fiddling away like Nero did when Rome burned.