Eric Friedman – Marketing.fm

FT has an interesting look at “web 2.0″ companies and how they are not producing cash.

The shortage of revenue among social networks, blogs and other “social media” sites that put user-generated content and communications at their core has persisted despite more than four years of experimentation aimed at turning such sites into money-makers. Together with the US economic downturn and a shortage of initial public offerings, the failure has damped the mood in internet start-up circles.

I am not sure that I agree…