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Define web 2.0…

VentureOne compiled the numbers because it has received so many media requests for investment totals for Web 2.0 companies. “Everyone is focused on this sector,” VentureOne spokeswoman Michelle Jeffers said.

Fearing that it would be criticized, the research firm took great pains to come up with a succinct definition of Web 2.0, Jeffers said. It only included those companies using rich Internet applications such as AJAX or those developing services related to podcasting, tagging, blogs, social networking, mashups and wikis.

Venture Capital: ‘Web 2.0’ firms get a drop in bucket

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Author:

Joi Podgorny has spent the better part of the past 2 decades working on the bleeding edge of the technology and entertainment industries, from content/brand development and production to leading international support, moderation, community and social teams. Most recently, Joi founded Good People Collective, a consulting agency focused on helping companies and organizations establish, assess and pivot their internal and external cultures to help maximize their potential. She and her team are currently working on an exciting new software project, combining corporate training and virtual reality.

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