Ok, i admit it. The title might be an exageration of what we are seeing. However, i do see the pendelum swinging back in a big way to the way the landscape was before the 1st Internet bubble burst. Expectations are once again going through the roof, money is being poured into companies that don't yet own offices nor have any customers and revenues, ... However, i do have to agree with the fact that there is something large abound. The Internet in my opinion is the caterpillar that blossoms and will morph into its next stage. Call it Internet2, the Next Net, whatever... and doesn't matter. What matters is the fact that the people that try to get a ride on this big wave do have the chance to cash in. I would personally like to switch that around and 1) have a positive influence on peoples ability to communicate with each other and 2) cash in as a result of that.

Read the article yourself and then check back in for the 3 companies that I hadn't heard of before that look promising to me:
The Next Net 25: 25 startups that are reinventing the web - Mar. 3, 2006