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 Site Admin  ~PHP Nuke User~  Posts: 3358 Staff Next Group: 1642 posts 
admin(Mark) wrote: With so many web 2.0 websites, it seems the internet is once again the place to make money and invest. Sites like digg.com, netvibes, myspace[not web2.0] have made the web profitable again. This is one bubble I think will not burst anytime soon since most if not all of these sites are user generated.This means users make the site into what they want. Youtube also another of the more popular sites but has yet to show how profitable it can be. With many all but given up on the web business, it may be time to take a second look. The net is no longer limited to just PC, there is also cellphones and PDA. There are however companies trying to put a halt on this progress but so far have failed [cable being one of the most bold.]. The RIAA and MPAA have tried their best to stop users from trading songs/movies online but have only succeeded in increasing the so called illegal activities. Will your website make it to the list of profitable? or will you be left with nothing more than a hallow shell with only a name. The choice is basically up to you and your ability to take advantage of the new wave of users. Posted: Mon Aug 14, 2006 10:54 am  Beta Tester  ~Drupal User~ Posts: 226 Staff Next Group: 274 posts
newuser wrote: Well, actually neither Digg or Netvibes has shown a profit. In fact, Myspace was also running well into the Red and it was only because of Google throwing $900 million into the pot that saved them. So far, its all very sketchy on whether its profitable. Posted: Mon Aug 14, 2006 3:29 pm Site Admin ~PHP Nuke User~ Posts: 3358 Staff Next Group: 1642 posts
admin(Mark) wrote: Last i heard digg was making $10 mil + in profit for the year. I think they do not know how to use the traffic they have. They should promote actual products instead of using google ads. I think a site like digg could make tons by selling products from amazon.com oe ebay. These sites are the new wave of internet success stories and they are making more money than they would have you believe. I hope to be one of them with the new site I am planning on building 
Posted: Mon Aug 14, 2006 3:41 pm Beta Tester ~Drupal User~ Posts: 226 Staff Next Group: 274 posts
newuser wrote: Well, in a new comment from Kevin Rose, he stated that Digg will not see profits until Q2 of next year. They also do not only use Google ads. He states that they use an actual ad company to sell the ad space on the site as well. Google is only used as a supplement. Oddly enough Netvibes just got $15million in investments today. This is good for them, but it doesn't make them profitable. Seems to me the best thing to do is build something and sell it. Then let the corporate people deal with actually making money. Look at flicker! The really scary thing is so many people are now building 2.0 applications that are simply flooding the market without any real use. They get a lot of press for about a week and then you never hear from them again. Posted: Mon Aug 14, 2006 3:53 pm Site Admin ~PHP Nuke User~ Posts: 3358 Staff Next Group: 1642 posts
admin(Mark) wrote: I agree with you that some of the web 2.0 sites fade but usually those are the ones without good ideas. They are pretty much running on the web 2.0 train. Many people fear this new change but it is the future of the web. Microsoft .NET has given more weight to the argument. The idea that a software can communicate seamlessly with the web server brings endless possibilities. I will be creating .NET softwares soon so I am aware of how impressive and userfriendly websites will get. Posted: Mon Aug 14, 2006 4:18 pm
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