Pieter Peach sent me this email yesterday. He’s just a great bloke who thinks about others. In doing so he shared some valuable insights he took from a web 2.0 conference. It was such a succinct and insightful email that I thought I’d share it here verbatim. Enjoy & digest. Steve Sammartino
Just came across an email I sent to myself from a session in W2.0NY last year. Straightforward stuff, but a good reminder for me, thought I’d pass it along.
“Sitting here listening to a great speaker on developing next gen web 2.0 apps, will email stuff as I I hear it.
Requisites for successful 2.0 service
1. Network effect
2. Collective intelligence
3. Lightweight business models
4. Longtail (maybe)
5. Encourage unintended uses
6. Platform vs application
7. End of the software release cycle
8. Rich user experiences
9. Innovation in assembly
Race to dominate remaining data classes.
Its hard to compete with those who have a head start in developing the network effect in a particular data class. “