May 04
Om Malik talks about the new kinda business which he calls “technology enabled companies”. He talks about the new wave of companies which tap into the Web 2.0 technologies and run fortune 500 kinda companies for 1/500 of the cost. It is a must read for people with interest in the tech sector.
Which brings me to my point: Moo is among the first wave of young businesses finally putting the so called Web 2.0 technologies to work to make good on the promise that this much-ballyhooed generation of start-ups has been vapidly pledging for far too long: that Web2.0 would reinvent the boring, the old fashioned and the antiquated.
