Social media may be alive and well, but some of the most prominent web properties that rose during 'Web 2.0' have seen better days.
From Digg to Delicious, if the rise and fall of companies that were supposed to change the web, if not the world, reminds us of anything, it's this: the consumer internet market evolves rapidly, and can be as brutal to the losers as it is rewarding to the winners.
But can a Web 2.0 has-been be brought back to life by a couple of entrepreneurs who built one of its biggest winners? Steve Chen and Chad Hurley, who founded YouTube, hope so.
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by Patricio Robles
28 September 2011 13:41pm
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