Credit:
Surely this is a joke? Stripe Generator is a tool for "Web 2.0" designers who want to generate stripes. Set the spacing, colors, size, background and orientation, then download your stripes to use wherever you want. Oh, and it's "ajax-powered", too!
It's a little early for April Fools, so I guess we gotta assume that designers really do have trouble making stripes. Combine this with the various "rounded corner generators" and "web 2.0 reflection generators", and you can make your own Web 2.0 site in minutes. Don't worry too much about the content - the VCs are far more interested in the width of your stripes. ;)