I still remember my induction into the Web 2.0 craze and me going all bonkers about a web company supposedly going to share its profits with its user group (that would also include a very exuberant me).
I don’t know much about the Web 2.0 boom. Apparently, its all about the user intervention- managing the web as a platform so that users can create and update the content as per their wishes and ability. And all of a sudden, the social networking sites are a Craze; hi5, Orkut to name a few. Google™ bought Youtube™ for quite a tidy sum. And facebox netlog seems to getting equally popular. Everybody seems to be making money that goes off the charts.