I was thinking yesterday that web 2.0 has created a new type of entrepreneurs. These entrepreneurs mostly have deep tech knowledge and a little business experience.

I get asked a lot about my business models for Tag My City and Things I Can Do and I can’t help noticing that traditional entrepreneurs miss the point of web 2.0 applications.

Web 2.0 was created by people who wanted to solve problems first rather than getting rich fast. They focussed on the end-user rather than the VC firm.

YouTube and del.icio.us are few examples of great applications that created without clear business models.

Open Source software has made it possible to build ideas without any VC help. I personally think that investment money comes at an expensive price ….. freedom :)

Please share your thoughts..