HomeGain launched its blog back in the early days of February, 2008 in part to experiment with Louisâ€™s premise that Web 2.0, or more specifically Real Estate 2.0, doesnâ€™t have a revenue model.
Mondayâ€™s Financial Times weighs in with an article that mirrors this problem:
Despite the slow start to money-making by Web 2.0 companies, the trend towards more social online behaviour that it embodies is widely claimed by insiders to be of lasting significance.
â€śThe capabilities that are coming with Web 2.0 are very profound,â€ť said Devin Wenig, head of the markets division of Thomson Reuters. â€śThe (Silicon) Valley is usually right, and itâ€™s usually early.â€ť