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Sarah Lacy on Fox Business Explains What Web 2.0 Is and Why LinkedIn Is HotMay 9th, 2008 at 7:41 pmSource:CenterNetworks
Sarah begins by defining Web 2.0 as, "basically the collection of companies that started around 2002-2005 and the hallmark is user-generated content, social media and social networking." She names Facebook and YouTube as Web 2.0 companies. Then Cody shows his real intelligence by explaining that Web 2.0 is a "Ponzi scheme." Sarah tries to explain that none of the Web 2.0 companies have gone public and that’s why we will never be in a bubble. Sarah then attempts to use her one line which she believes makes her look like an insider, "Facebook actually makes hundreds of millions of dollars a year." She’s used this line on every video/audio interview I’ve seen/heard lately. Sarah tells Cody that LinkedIn is the next Web 2.0 company to be a success. Cody then replies with the following, "LinkedIn is a crappy site, no one is going to use LinkedIn." Sarah gets very loud in explaining that LinkedIn has the best business model on the Web today. I agree with her that LinkedIn is hot without being in the 250. Check out our LinkedIn coverage including Mark’s LinkedIn guide. Overall Sarah comes across smart and knowledgeable in this very short interview. Great book placement behind her left shoulder - not sure she could have asked for a better placement! Side note, I have purchased a tripod so videos should now always be nice and still. And this weekend the video card will be connected to the cable and future tv captures will be perfect. Thank you for your patronage.
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Sarah Lacy appeared on Fox Business this evening on their "Happy Hour" show to promote her upcoming book. Host Cody Willard should stick to financial topics - whenever he crosses over to tech, it just doesn’t work. 
