Great "New" Site

I know that I might be a little behind the curve in blogging about this, but I wanted to let everybody know about this new website called Youtube.com

To me, this is exactly what Web 2.0 is all about - new, fresh, and interactive. Along with it's pals like MySpace and Blogger, Youtube allows people to interact by giving them the ability to post video on the Web. People not only post video of themselves, but they also use it to share video with their friends.

Earlier this year, my buddies contstantly sent me updates of the latest and greatest video (most of them being highlights from SNL) on the Web. It started out with a Chronicles of Narnia spoof, and tonight, continued with watching and reminiscing about Joe Namath.

Will youtube, myspace et al fail? Frankly speaking, it's hard to say at this point. Most are way to young to make accurate projections on how they will do after the intial flurry of traffic to their websites slows down. Also, most new websites are more and more relying on Angel or Venture Capital to grow their business (Great article in today's WSJ about this. Sub required) . I do hope, however, that we learned our lesson the first time around - another fall would be even worse than the first.