west drags web 2.0

Times of recession and it’s about business  survival. Stories of cost cutting, layoffs, no funding for research, frozen development etc…, are closely related to corporates and governance. Ok enough of those boring lines of corporate lecture. Do we see web 2.0 getting affected by these uncertainties of the business world. As a close observer of the web, i could see some sort of dizziness in the world of web development.

I don’t want to talk big players like Google and Micorosoft as they already established some sort of revenue model out of web, but i am worried about the startups. Since most of them being funded by west, aspiring startups might go for a halt for some time. I should say post 2006, the world of web saw many new ideas like Flikr, Facebook , Youtube etc.., Do they evolve as a model ?

So, how long do we wait. Wheres are those budding mobile VAS providers. Can this ecosystem sustain the tides of economic crisis ?

Another important question is: will web 2.0 take a turn someway or take a temporary halt ?