by Brian Solis 

Do you cringe or smile at the thought of tech IPOs?  For the time being, therer’s still reason to smile. 

Yes, it’s almost like watching movies about 9/11. It’s too soon to relive the pain. But Hollywood went ahead and released several movies tackling the difficult subject, which reminded us why we should never forget that day.

Now Wall Street is shedding its fear of the Dot-com bust and is slowly ramping up for some pretty bub.blicio.us IPOs. Hopefully this time around, the market will approach them differently, to help us sustain a long and healthy tech economy.

According to a recent story in USA Today, tech companies represented  18.3% of IPOs this year, up from 14.7% in the first six months of 2006. That puts tech in the number 2 spot (no pun intended) following healthcare, but ahead of energy.

ShoreTel (SHOR) was the latest to dive into the public market. The company’s stock was offered at $9.50 and closed at $12.15 on its first day of trading.

NetSuite Inc., the San Mateo Internet software maker co-founded by  Larry Ellison, filed its prospectus with the Securities and Exchange Commission, with plans to raise up to $75 million.

NetSuite is more of a 1.0 player that sells online accounting and other business software to small and midsize businesses. Ellison has personally bankrolled much of the $125 million that NetSuite has raised since it was founded in 1998.

 

Well folks, it’s the end of the week and most of you were probably on vacation so check out this week’s BubCast to see what you missed! We have last week’s poll results, our photo of the week, highlights from Supernova, news on the iPhone, Technorati, Xbox and more! Be sure to fill out this week’s online poll below!

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Just when you thought there was a lull in horrible new startups, along comes one that more than makes up for the public drought.

Web 2.0 Television held its “soft launch” recently in Las Vegas to introduce a new site dedicated to sharing absolutely nothing of value – except gratuitous angles and shots of beautiful women and their assets. While that, in of itself, is usually okay, it is executed and packaged in such a cheesy manner, that you can help but watch in disbelief.

Interestingly, it seems to have decent funding behind it, but it is in dire need of an overhaul – already.

With a name so targeted and limiting as Web 2.0 Television, one would normally get the impression that it is a CMP channel broadcasting the latest news and insights from the Web 2.0 landscape. After all, Tim O’Reilly and CMP own the trademark on Web 2.0 and have threatened others with lawsuits in the past.
But, this site foolishly uses the moniker simply to capitalize on the celebrity and glamor associated with all things 2.0.

The site has absolutely nothing to do with Web 2.0 though. It’s just another site that has video coverage of cityscapes, entertainment, and events in popular cities around the U.S. And with cleverly titled channels such as New York 2.0, Los Angeles, 2.0, Las Vegas 2.0, and a tagline that reads, “the revolution will be socialized,” it seems that the creativity (or lack thereof) and marketing teams at Web 2.0 Television could use a little 2.0 redux itself.  It needs to be relaunched under a new brand, something along the lines of The Glamorous Life 2.0 or Look at My Breasts 2.0.

Seriously, the site could have potential as long as it has focus, compelling content, and an entirely new branding and marketing plan. Online video highlighting activities in popular cities is viral, informative, and useful to residents and tourists. Plus, it can create micro communities across the web that keep people coming back for more, simply because they either live in that city, know friends that live there, or they’re frequent visitors.

As is, the site’s lifespan is bleak, tacky, and is already a contender for the TechCrunch Deadpool.

By T.J. DeGroat


Photo credit: Nicole Lee

My first Web 2.0 party was a good one: Laughing Squid’s 10th anniversary shindig at Varnish back in November of 2005. I was in the area for two weeks to look for an apartment and a friend thought it would be fun for me to meet some of the people whose blogs I’d been reading regularly for several years. I had no idea who Scott Beale was or what a squid had to do with anything and I probably hadn’t heard the term Web 2.0. But I had a blast at Varnish — especially outside, where there was a sort of circusy, dark junkyard theme going on.


Photo credit: Margarita Azucar

That’s why I’m psyched to check out LuckyOliver’s upcoming soiree, which takes place at a San Francisco junkyard. At last month’s SF Beta, LuckyOliver’s Hunter Block told me that the company was inspired by Beale’s parties. If you’re ready to get away from Minna and Varnish for a night, head to this event in the Bayview. More info. is here.

For those who don’t know, LuckyOliver is a photo-selling web site that has been around for about a year (this is a first birthday party). You can learn more about the company here.

For more Bay Area event info. and reports from the parties, follow us on Twitter. Watch us live on Justin.tv.

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