SK exec: “Is Web 2.0 a bubble?”
By Shay • Jul 21st, 2007 • Category: Snippets •
Yoo Hyun-oh, president and CEO of SK Communications (part of the SK Group Chaebol) wrote an excellent column for the Korean newspaper Chosunilbo. In it he discusses the possibility of Web 2.0 being a bubble that could collapse just like the dot com bubble did.
The article is comprehensive and and informational. Yoo concludes optimistically:
When bubbles burst many people suffer, but a new industry tends to grow in cycles of booms and busts. It was innovative businessmen who focused on innovative services that sowed the seeds of revival for the Internet industry in the barren wasteland after the first disaster.
Needless to say, it’s a good read. Read Is Web 2.0 a Bubble?

