By Eugene Chan on 4 May 2007 - 4:39pm

Om Malik writes about Web 2.0 and antiquated businesses. Replace the word “business” with “nonprofit” and the mind reels:

Don’t get me wrong. No stretch of imagination could conjure Moo into a technology business. No, no. Moo is a technology-enabled business. Forget patent-protected code (thank you, Justices of The Supreme Court!) or over-designed hardware. Moo is the epitome of a business that has truly harnessed Web2.0.

Yessir. The Web is the foundation.