Saturday, 6 September 2008

Easy steps to making money from web 2.0

Have to love this post by Ted Dziuba at the register. Of all the hype around web 2.0, cloud computing, SaaS etc, he shows where the real money is to be made: not by the next application, but by supporting its development (Amazon's EC2 or Google's App Engine).

"I do have to give both Google and Amazon some credit, though. Both noticed that the only ones to make any real money off of the California gold rush were the outfitters who sold mining equipment."

...and then there are the steam ship companies, whose posters really sell the dream - maybe they are more like the journalists and commentators who promote the Cloud Computing vision, because (as a concept at least) it is easy to understand.

Don't know who the 200 Jack Asses would be in the analogy though...