Many attendees saw Web 2.0’s launch as a possible repeat bubble

Evidence

The prospect of another bubble, however, had others on edge. A C|Net journalist wrote, “This was billed as a coming-out party for the new Web, and the Internet executives and venture capitalists in attendance would much rather forget the excesses of the old.” A writer for PC Magazine noted that the “familiar faces” of the web’s “glitterati” were in attendance, but seemed “slightly less breathless about the Web than they were during the dot-com boom,” even as “they still characterized the Web as full of innovation and promise.” — Alice E. Marwick, Status Update, 153

Categorization

  • XREF: connects to: Web 2.0 revived tech optimism after the dot-com crash dismantled it — Alice E. Marwick, Status Update: Celebrity, Publicity,…, 54; The Web 2.0 hype cycle promised social revolution and immense wealth. — Alice E. Marwick, Status Update: Celebrity, Publicity,…, 727; Web 2.0 succeeded by reviving techno-utopian ideals while promising new wealth — Alice E. Marwick, Status Update: Celebrity, Publicity,…, 150

Broader Connections