You might want to check out Car Blog from 99rides for posts like this:

Looks like the bubble is starting to burst.

Here is the thing. All these sites are being over funded by large VC money. Not many of them are actually turning a profit.
You may have noticed the ads on the main video site. Well ya you guessed it we turn a profit. It may not be much but it keeps us moving forward.

The funny thing to me is it seem the people making the most from this web2.0 hype are the ones covering it on various blogs. These guys did not take a bunch of cash. They are using open source software and makeing some coin.
Anyways my point is we are not going anywhere. No need to worry and get uploading

http://www.techcrunch.com/2007/01/07/bubble-bubble-bubble/#comments

Found at: Car Blog from 99rides