Guy Kawasaki recently posted this video of the Churchill Club’s look at “Startup Success.” Panelists include the CEOs from Personal News Network, LinkedIn, JotSpot, Jajah, and Photobucket.

The CEO of JotSpot, Joe Kraus, formerly founded and sold Excite.com quoted a VC at Mobius Venture Capital when he defined Web 2.0 as “Ajax, Adsense, and Arrogance,” which I thought was pretty funny. He then when on to discuss how the Web 2.0 boom is different from the dotcoms of the 90s - mainly that access to cheap labor and hardware drive down costs so it feels like a “return to entrepreneurship” and a “return to doing it for the love of it.”

Another anecdote - When the Personal News Network CEO Lauren Elliot quotes figures that something like 80% of people have never sent a picture through their cell phone, Guy Kawasaki, who moderates the panel, polls the audience. From his reaction, it looks like very few actually have done it - including himself! Personally, I’ve taken a few pics from my camera, but have never emailed them.

If you’re interested in Web 2.0 and where it’s headed, check it out. There’s some great advice on starting a company.