7526 0 3 econsultancy_xml <p> <em>"What I am concerned about is that it seems everyone wants to start a company instead of just surrounding an idea and going after it,"</em> he said. <em>"When you have mutiple companies going after the same opportunity, things are not going to work out for everyone."</em></p> <p>Index has also invested in <a href="http://www.stardoll.com/">Stardoll</a>, a teen doll-dressing community Rimer said is selling 500,000 items of virtual clothing every day.</p> <p> <em>"This is very different from the first bubble,"</em> he said. <em>"It's less expensive to start a company and what you can do with so much of this new innovation and cheapness is come up with a better revisited version of pretty much every site on the internet."</em></p> <p>Speaking on a panel, Israeli venture capitalist <a href="http://ouriel.typepad.com/">Ouriel Ohayon</a> said that what many people regard as Web 2.0 differs from the dotcom boom of the late 1990s because there is no longer a risk of <em>"economic cataclysm"</em>.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Quote>"What I am concerned about is that it seems everyone wants to start a company instead of just surrounding an idea and going after it,"</Quote> he said. <Quote>"When you have mutiple companies going after the same opportunity, things are not going to work out for everyone."</Quote></Paragraph> <Paragraph>Index has also invested in <Link URL="http://www.stardoll.com/" Window="New">Stardoll</Link>, a teen doll-dressing community Rimer said is selling 500,000 items of virtual clothing every day.</Paragraph> <Paragraph> <Quote>"This is very different from the first bubble,"</Quote> he said. <Quote>"It's less expensive to start a company and what you can do with so much of this new innovation and cheapness is come up with a better revisited version of pretty much every site on the internet."</Quote></Paragraph> <Paragraph>Speaking on a panel, Israeli venture capitalist <Link URL="http://ouriel.typepad.com/" Window="New">Ouriel Ohayon</Link> said that what many people regard as Web 2.0 differs from the dotcom boom of the late 1990s because there is no longer a risk of <Quote>"economic cataclysm"</Quote>.</Paragraph> </FormattedContent> 2006-12-11T12:18:00+00:00 0 1 econsultancy_xml <p> <strong>Too many people are starting up Web 2.0 companies, according to the man who has funded the likes of <a href="http://en.fon.com/">Fon</a>, <a href="http://www.last.fm">Last.fm</a> and <a href="http://www.spotrunner.com">Spot Runner</a>.</strong> </p> <p> <a href="http://www.indexventures.com/cgi-local/ivw_home.cgi">Index Ventures</a> UK partner Danny Rimer told the <a href="http://www.leweb3.com/">Le Web 3</a> conference here in Paris that there is room to innovate but because ideas are so easily replicated, creating an advantage is difficult.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Too many people are starting up Web 2.0 companies, according to the man who has funded the likes of <Link URL="http://en.fon.com/" Window="New">Fon</Link>, <Link URL="http://www.last.fm" Window="New">Last.fm</Link> and <Link URL="http://www.spotrunner.com" Window="New">Spot Runner</Link>.</Emphasis> </Paragraph> <Paragraph> <Link URL="http://www.indexventures.com/cgi-local/ivw_home.cgi" Window="New">Index Ventures</Link> UK partner Danny Rimer told the <Link URL="http://www.leweb3.com/" Window="New">Le Web 3</Link> conference here in Paris that there is room to innovate but because ideas are so easily replicated, creating an advantage is difficult.</Paragraph> </FormattedContent> false 626 362336 Le Web 3: Web 2.0 is overcrowded, says Index Ventures false 2006-12-11T12:20:00+00:00 le-web-3-web-2-0-is-overcrowded-says-index-ventures 2009-04-30T01:31:34+01:00 2009-04-30T01:31:34+01:00 294