There is a lengthy and well-done John Cassidy article on Facebook in the current issue of the New Yorker. It contains the following keeper of a quote from venture guy Jim Breyer of Accel Partners:
“[Facebook cannot be bracketed: that is its power. When I sit down with Donald Graham [of the Washington Post] as I did recently, he thinks of Facebook as a next-generation media business. When I sit down in Arkansas with Wal-Mart executives and show them Facebook, they think of it as a phenomenal e-commerce opportunity. And when I sit down with Apple Computer and RealNetworks they think of it as an entertainment site.”
This is an unholy rhetorical cross between vintage Borges and a late-90s dot-com puff-piece. What a wonderful example of the Rorschach test that is Web 2.0.
Q: What is Web 2.0?
A: Whatever you want it to be.