Web 2.0 impedance mismatch

Everyone but Wall Street seems to be excited about the “new web”:

• Consumers: excited: 200,000 new MySpace users every day
• VCs: excited:pre-revenue web 2.0 startups are raising $5-10MM
• Press: excited: Business Week, Business 2.0, DesignTechnica, lots more
• Wall Street: not excited: Google drops 7% (again) overnight

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