Newroo the latest start-up to help bring order to news; the Web 2.0 peak is nigh
The company apparently hasn't launched yet (we'll try it out, and point to it, once it is up in about two weeks), but Newroo wants to find a new way to rank interesting stories in a number of topic areas, with venture capital being one of them.
The basic engine is like Memeorandum - they index and group blog posts based on topics in order to show emerging news in near real-time and to show distributed blog discussion in a single place.
We must now be nearing the peak of this Web 2.0 boom. Remember how many...
pet food dot-coms there were in 1999? Remember how many diskdrive companies there were a decade or so before, and how many PC companies there were as investors scrambled to fund them -- as part of a mad land-grab and before people figured out which one was best? It is the same now with all these cool, jazzed Web 2.0 companies, whether you are talking online news aggregrators, RSS plays, online advertising, blog search, customize e-commerce, online classifieds -- you name it.
It is great to see Michael covering this space well. Look at how many players there are in just the news aggregation area already.
We say "nigh" to the peak, because it feels like we still haven't gotten there. Technology is being developed, and there's lots of tinkering and refining to be done before the pieces finally fall into place.
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