Web 2.0. Uh…Yeah. Well, I Guess It’s About Time.

It’s a very Fitzgeraldian moment – while a record number of US homes go into foreclosure and the average person is facing financial crisis around the world, the young web2.0 intelligensia jet off to Cyprus to make a lip-sync video of a song very possibly recorded when most of them were in kindergarten.

The halcyon days of Web 2.0 may not be over. But I bet there is one or more very put-out VC(s) somewhere in Silicon Valley.