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I think it's a handy new name to describe all the new bullshit companies that are getting insane amounts of coverage and funding like Twitter & Scribd... as well as others that deserve it such as YouTube and Facebook.
There's a whole new wave of sites. It's kind of like Generation X IMHO. Just a web generational title with a loose definition of a biz model attached.
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I've trusted my sites to them for over a decade...
Webair, bitches.
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