The always insightful Venture Capitalists Peter Rip and and Jeff Clavier are speculating about what’s up with Web 2.0. Peter’s suggesting that there’s a lot more sizzle than steak in the whole Web 2.0 equation while I get the idea from Jeff’s writing and some of his excellent presentations at Mashup Camps that he thinks there is a lot of life left in the new web world.
However the most striking item along these lines was Don Dodge’s recent mini-investigation that suggested the average VC may be losing money based on the fact that it appears more is going into the new web than is coming out of it. I hope Peter and Jeff shine some light on this eventually.
Joe Duck 
Joe> It is actually a fact that average VC returns are negative, and that you need to be in the top 25 percentile (though lower in great vintages) to make money for your own investors.
Yes there is still a lot of opportunities in the Web world, and what Peter is saying is that we are going to have to work harder to find them, and help them grow.
Thanks for clarifying this Jeff – very interesting!
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