Recently Mohtashim had written that it is possible to be a 3-person shop sitting in Karachi and become millionaires.
I had added to his post that a good timeframe for a web-2.0 product would be 3-6 months, while a good web-3.0 product could be built from today for a release late next year.
Interestingly enough, wikipedia has an article on web-3.0
http://en.wikipedia.org/wiki/Web_3.0
Also here:
http://evolvingtrends.wordpress.com/2006/06/26/wikipedia-30-the-end-of-google/
Nice Quote from one of the linked articles:
The question, to rephrase in Churchillian terms, is wether the combination of the Semantic Web and Wikipedia signals the beginning of the end for Google or the end of the beginning. Obviously, with tens of billions of dollars at stake in investors’ money, I would think that it is the latter. No one wants to see Google fail. There’s too much vested interest. However, I do want to see somebody out maneuver them (which can be done in my opinion.)
