steve young.

For angel investor Ron Conway the Web 2.0 world has a lot of life left in it. “I don’t think the hammer is going to come down on all these Web 2.0 companies,” he said. “I think companies in the video space, in cloud computing, in social networking and what we call social communities will all continue to thrive.”

“The good news is there is a huge amount of growth in social networking, online video, voice over IP,” said Mary Meeker of Morgan Stanley. The bad news is they carry much lower cpm’s (cost per thousand impressions) for advertising.”