The last fast few years have seen resurgence in Internet
companies not seen since the bubble years of the late 90s. The
growth of these advertising-supported "Web 2.0" companies has
propelled online advertising sales to $21 billion from $6
billion between 2002 and 2007. But the last recession pricked
the bubble in 2001. What will happen to this crop of Internet
companies?  The broader economic recession has not spared the
Internet sector. Online display advertising is projected to be
flat to down by RBC Capital in 2009. It is hard enough for
internet startups at the best of times. Which companies will
come out of this recession the best?  About the Author  Jeremy
Liew is a Managing Director at Lightspeed Venture Partners, and
an active blogger on the consumer internet industry.  I predict
that media buyers will focus on both a flight to quality and a
flight to surety. This will benefit three types of startups:
companies with large audiences, companies that sell direct-
response advertising, and companies that