The Web can probably be thought of in two parts:
The Semantic Web (a term I believe was introduced by the CEO of Forrestor),
essentially meaning the interaction between machines using the internet/web and
The Social Web, which covers the interaction of people using the internet.
The Web has grown from something that you visit once in a while, to something this is around you all the time. The Web is now a platform. The use of the internet in its traditional form (i.e. using your desktop or laptop) is probably on its decline. People are now using the web and over the place - on their phones, on their TV's, DVD players and gaming machines; in their cars, in the airplane and even on the beach while having a Pina Colada. The web is everywhere!
Fact: Gone are the days of a 2 million plus internet startup. A Web 2.0 startup can go to market with less then USD 500,000. The areas of focus that Kunal typically helps startups with are:Concept Defintion
Multiple Revenue Sources
Web 2.0 Revenue Models
Enabling Effective Collaboration
Limited Subscriptions (free is best)
Link Exchange and Effective Ads
Mobile & Device Ubiquity