Wayne’s World Gets 1M in Financing: Has Web2.0 Finally Jumped The Shark?

by Tony Hung on September 25, 2006

Who is Wayne and WHo is Garth?In what surely must be the geek 21st century equivalent of Wayne’s World — Revision3 announced quite splashily through the New York Times that it has secured 1 million dollars in financing. Revision3 will then make the leap from a couple of guys sitting on a couch with a cold brewski in an apartment to a full fledged production company.

While their every-geek pathos clearly resonates with every geek with a blog (yours truly included), it remains to be seen how far they can exploit this niche, or whether or not they’re able to expand it as successfully to other niches.

Digg, for example, has branched out into other domains outside of the geekniche, but without delving into Digg’s logs, its hard to know what how popular they really are.

One thing Revision3 does have in its corner, much like Dogster, is profitability. If the NYT article is to be belived Mr. Rose and Mr. Albrect are pulliing in anywhere between 50 – 100, 000 per month in advertising for their show.

And if productivity is any measure, no — the web2.0 hasn’t yet jumped the shark (although, perhaps it getting close).

I guess the only question that remains is: who is Mike Meyers and who is Dana Carvey?

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