Here comes winter

It’s been a week that the video “Here Comes another bubble” has been circulating through the web and blogs. Check the video :

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Despite this video, my bet is that the web 2.0 frenzy has already started to cool down.

First, the VC money market is highly cyclical and it’s been 2 years that VCs have been massively investing in new start-ups. As Fred Destin says, it’s now time for them to care of their protfolio, and prepare exits. Their appetite for new deals has already been decreasing. At the same time, some of the earliest companies in which they invested are already dying, which will makes everyone more cautious : TechCrunch’s deadpool started to fill-in at a faster pace. If you add to this the recent Skype/Ebay write-down, the rumors around Facebook’s valuation and its recent “problems” with its Beacon project, you end up with an overall growing mistrust on the internet market.

Of course, this is a bad news for entrepreneurs willing to raise funds soon. But, hey, it might also allow the best of us -or the most cash-conscious- to move in a less over-crowded space. Don’t forget that the services started before 2005 have been paving the way to Web 2.0 and many of them ar enow very sucessful : take Digg, LinkedIn, MySpace…