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	<title>Random Scribbles on New Business &#187; Web 2.0</title>
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		<title>Random Scribbles on New Business &#187; Web 2.0</title>
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		<title>XuQa Innovates</title>
		<link>http://alizaki.wordpress.com/2006/09/12/xuqa-innovates/</link>
		<comments>http://alizaki.wordpress.com/2006/09/12/xuqa-innovates/#comments</comments>
		<pubDate>Tue, 12 Sep 2006 10:24:25 +0000</pubDate>
		<dc:creator>alizaki</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Web 2.0]]></category>

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		<description><![CDATA[My friends, Murtaza, Ali and Prosper of XuQa.com announced something really cool today &#8211; they&#8217;ve broken even!
Its really hard to call Web 2.0 companies &#8216;businesses&#8217; for the simple reason that most of them don&#8217;t have revenue, don&#8217;t plan on developing (or rather can not) any significant revenue streams in the near future and hence, exist [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=alizaki.wordpress.com&blog=405301&post=18&subd=alizaki&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><img src="http://alizaki.files.wordpress.com/2006/09/xuq.jpg?w=194&#038;h=64" alt="xuq.jpg" align="left" height="64" width="194" />My friends, Murtaza, Ali and Prosper of <a href="www.xuqa.com">XuQa.com</a> announced something really cool today &#8211; <a href="http://www.techcrunch.com/2006/09/11/social-network-xuqas-in-the-black/" target="_blank">they&#8217;ve broken even</a>!</p>
<p>Its really hard to call Web 2.0 companies &#8216;businesses&#8217; for the simple reason that most of them don&#8217;t have revenue, don&#8217;t plan on developing (or rather can not) any significant revenue streams in the near future and hence, exist solely to provide cool services while the VC money is burning the stove. End result: You get features and micro-services masquerading as companies.</p>
<p>Worryingly, you have respected investors like Paul Graham of <a href="http://ycombinator.com/" target="_blank">YCombinator</a> urging entrepreneurs &#8220;<a href="http://www.techcrunch.com/2006/09/02/an-interview-with-vc-paul-graham-of-ycombinator/">not to sweat the business model too much</a>&#8220;.<br />
The guys at XuQa have taken that first step towards making a real Web 2.0 &#8216;business&#8217;. Rock On.</p>
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			<media:title type="html">zaki</media:title>
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