As though you needed another sign that the economy is getting wackyâ€¦
I worked for a start-up called eFrenzy in 2000 (and can you think of a name that better symbolizes the exuberance of the web 1.0 bubble than that?), which later rebranded as Nextdoor.com. It was an online platform that aimed to connect real world service providers like plumbers and nail salons with service seekers.
Sometime in the autumn of 2000, as the web 1.0 economy was clearly deflating, Nextdoor made the decision to abandon its business strategy to try and become a B2B company. In November of 2000 I was laid off along with a bunch of other people. And not too long after, unfortunately, the doors of the company were closed.
Louis Gray’s piece on how Spokeo is also changing its business model to go after the B2B space reminded me of that time.
Gray notes that Spokeo founder Harrison Tang sais that “the Web 2.0 era is long over.”
That may be true, and I also think that the post-web 2.0 era is turning out a little bit differently than anyone could have imagined. Lets all hope that innovation and great ideas and world class web products and services and execution and vision will keep on keeping on during these bleak-looking economic times and see us all through to the other side.