Jason's Prognosis

Jason Calacanis, CEO of Weblogs, Inc. makes some interesting predictions for 2006. Read them all at his site, or read these two, cherry-picked for your pleasure.

13. The housing bubble will deflate/burst (it's much worse now than people are saying) and consumer confidence and spending will be moderately shaken. This will create a pullback in consumer advertising which will result in a cooling of the media/Web 2.0 space and another round of main stream media layoffs (think magazines, newspapers, etc).

16. Gawker will hit 20 blogs and get bought by Newscorp--Nick Denton will keep Fleshbot and retire for the third time before spinning the Fleshbot into an ipod video service claiming all the while that "there's no business in it."