Not long ago, John D. Sutter posted a little piece on CNN’s SciTechBlog entitled “What is Web 3.0, and Should You Care?” In the post, TechCrunch’s MG Segler is described has holding the view that “Web 3.0 isn’t worth defining yet because the next phase of the Internet won’t come until the economic recession lifts and investors start pushing cash back into tech companies.”
While reporter-bloggers can be excused, or perhaps even complimented, for punting on a question like this, I don’t believe that active VCs are afforded the same luxury. (more…)