According to new data from Dow Jones VentureSource, Web 2.0 investments remained popular last year. More deals took place (and more money was involved) than ever before. Yet some of the details seem a little ominous.
With 2007 being so questionable, 2008 looks decidedly daunting. The economy, as a whole, seems to be in much worse condition now than it was then, and the VentureSource release even goes so far as to state, "The Web 2.0 investment boom may be peaking."
This situation could lighten competitive pressures on existing companies, at least, and spare everyone else from seeing as many launch-layoff-shutdown cycles take place.
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