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How Many Social Networks Is Too Many?







How Many Social Networks Is Too Many?

How Many Social Networks Is Too Many? 11/14/2003 02:29 AM

I keep reading about all these "social networking software" plays, and the amazing thing to me is that, unlike during the last bubble, everyone except people working for these companies or venture capitalists seem to know it's a bubble. Yet, they keep on coming. The latest is that Evite has launched their own version of Friendster tied to their event organizing system, and eMode (known for their fun tests and dating system) has changed their name to Tickle, which is what their Friendster wannabe is called. They also bought another social networking service, to take one of about 100 off the market. Who the hell signs up for all of these systems? Paten ts aside, there is nothing complicated in creating such a site (there's even one Friendster rip off called Yet Another Friendster Rip Off). The complication comes in actually making money from such a site. The odd thing, though, is the rampant skepticism about these sites. In the 90s bubble years, it was never like this. Sure, there was some skepticism, but not the near universal skepticism that is focused on social software space right now. What's funny is that you would think so much skepticism would make the VCs stay away, but the reverse is happening.




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True. This reminds me of a tendency I notice constantly and have been meaning to articulate: The inability to see others evolving (companies, products, people), even though one's own vision is all about oneself (or company, or product) evolving.

Come to think of it, this is a corollary to one of my favoriate truisms: We judge ourselves by our intensions and others by their actions.

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blog post reprint.jpgDavid Weinberger has a brilliant quick statement about how BOTH namespaces and social networks will be used to disambiguate tags'.

I sure as hell hope so. I'd hate it if there was nothing to disambiguate tags.

Namespaces and Social Networks in a Tagged World
As the interest in tagging and folksonomies grows, we are going to be faced with a choice: Namespaces or social networks.

The problem is that tags are too simple and ambiguous. (That's also their strength, but we'll let that go for the moment.) As tens of millions of people start tagging Web resources, many tags will include too many disparate items: When you're searching for pages about London, do you really want to get pages about Jack London? And, no one really wants information about London; we always want information about some aspect of a topic. So, the "London"-tagged pages about London's club scene are noise to someone looking for information about London's form of government.

Namespaces, or domains of discourse if you prefer, are one way around this. For example, the Global Voices group that encourages inter-national blogging, suggests tagging relevant pages with the prefix "gv" as in "gv:ghana" or "gv:thailand." We will undoubtedly see a proliferation of such prefixes, and if tagging really takes off, we may end up with an unregulated version of the domain system in which multiple organizations squabble over who gets to use a particular prefix.

Social networks provide an alternative. If I knew who the people associated with Global Voices were, and if I knew who was the author of particular tags, I could search for the "ghana" tag and find only the ones created by GV members. That wouldn't be perfect because it would get pages tagged by GV members for personal use, but it might be good enough, especially with further refinement.

This is not an either/or. I'm confident we're going to see both namespaces and social networks used to disambiguate tags. And there are undoubtedly brilliant ideas waiting to be had. But it seems highly likely to me that social networks are going to become more important than ever in a world gone made with tagging.

[Operating Manual for Social Tools]

I love this piece.

It's especially heartening for me to listen to David talk about social networks - as I know he's against the 'Friendster/Tribe' school of thought - but seems to have accepted a more generalized notion of what social networks are - and will be.

Anyway - I never said I liked those explicit social networks - it's just that it was so much dam fun gaming them (apparently Joi had fun -too!) But it's up to folks like David - who keep us honest - especially when it comes to the difference between something explcit liek calling someone "your friend" - versus truth and honesty.


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This edition of Current Awareness Happenings on the Internet by Marcus P. Zillman, M.S., A.M.H.A. (May 3, 2004 V2N18) is dedicated to the latest happenings in Online Social Networks. Click on the audblog link at the bottom of this posting to hear an audio by Marcus P. Zillman discussing these new and exciting networks. The below listed sites are some of the latest and greatest online social networks:

Friendster (beta)
http://www.friendster.com/
Friendster is an online community that connects people through networks of friends for dating or making new friends.

Institute for Social Network Analysis of the Economy (ISNAE)
http://www.isnae.org/index.html
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LinkedIn
http://www.linkedin.com/
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Orkut
http://www.orkut.com/
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PeopleAggregator
http://www.PeopleAggregator.co m/
An Open Source Social Network

Spoke - Extending Business Relationships
http://www.spoke.com/
Delivering insight, influence and access through relationships for greater business advantage.

Tribe
http://www.Tribe.net
This site is devoted to tapping the power of social networks. Their goal is to provide tools that help make your network most useful.

Visible Path
http://www.visiblepath.com/
Visible Path delivers unprecedented reach into companies and access to decision-makers by allowing sales teams to discreetly leverage the relationship capital of the enterprise throughout the sales cycle.

Zaibatsu
http://community.alwayso n-network.com/
Listing for this social networked received from a Slashdot posting ....

Zero Degrees™ - The People Network Company
http://www.zerodegrees.com/
ZeroDegrees (ZDI) automates Milgram's process. ZDI replicates the social process we use when we ask colleagues with an introduction. If no one knows the person directly, they ask others on our behalf. If all parties along the way, agree-an introduction is made and discreet contact information shared.

The Slashdot article that discusses PeopleAgreggator an Open Source Social Network is available by clicking here. Social Networks are gaining great popularity and we will be hearing and seeing many new and niched networks in the near future. Please send me listings of social networks that I have not listed and I will continue to keep this posting up to date.

Powered by audblogaudblog audio postThis research is powered by Subject Tracer Bots™
from the Virtual Private Library™. Isn't yours?

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Private Investment Firm Buys MusicNet
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Christopher Allen, Rip Van Winkle


Christopher Allen, Rip Van Winkle 03/06/2004 01:57 AM
I met Christopher Allen about a decade ago, when he ran Consensus Development, a company that made a commercial SSL toolkit. (Prior to that, he was involved in the startup of VeriSign, and in the development of the SSL reference implementation for Netscape.) I hadn't heard from him in a long time, and his recent essay, Se curity and Cryptography: The Bad Business of Fear, explains why. When he sold his company to Certicom in 1999, he signed a 5 3-year non-compete agreement. When it expired, he re-entered the security industry, expecting to find it much changed:
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Avoid Friendster and its clones, warns
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The Social Software Patent Mess


The Social Software Patent Mess 11/12/2003 01:34 PM
Not sure what it is with silly patent messes this evening, but they're popping up in every other story. The latest one details some of the pendi ng patent fights likely to happen in the tremendously overhyped social software world. There's been a lot of inbreeding within the social software world with a number of the early players all investing in each other. Reid Hoffman and Marc Pincus, for example, were both early investors in Friendster - and then went on to create their own social networking services that targeted different markets. However, now that the venture capitalists have swooped in, the fear of a patent battle is increasing. Jonathan Abrams of Friendster raised some eyebrows a few months back when reporters asked him about business models and he started ranting on and on about the patents they planned to get. So now, Hoffman and Pincus have teamed up (without Abrams) to buy the old patent that SixDegrees had many years ago. They're basically hoping to use it as a defensive tactic against any patents Friendster gets. I'm still wondering just what's so innovative about any of these services that deserves a patent, but that's a different debate. The article has plenty of details about what's happening, but all I could think while reading this was that this focus on patents, rather than actual innovation, business models or customers suggests some of these services are already on the downswing. The "space" itself hasn't even figured out a revenue model and new sites are showing up every day - and the focus is on who gets the patents? It has all the makings of a nice little infighting battle where all these companies drag each other down.

Venture 1.1.0


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Become the world’s largest venture capitalist by buying, selling and trading stock, all while trying to expand your own companies.

AT&T's VoIP Venture


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Joint Venture


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Venture Capital 101


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In all the speculation about the deal I haven't seen what surely is the motivator. Six Apart plans to go public. The market will value SA based on it's ability to generate profits, and it will likely do so in proportion to the number of users, the theory being that they can sell things to the users, so the more users, the more they can sell. They might value each user at $100. Anyway, the more users the more value. LJ has a lot of users. So the founders of LJ get SA stock, and the shareholders in SA get more users, and value of the combined companies goes up and the day of the IPO gets closer.


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Is Venture Capital Over?


Is Venture Capital Over? 04/14/2005 04:52 AM
A well known venture capitalist is apparently claiming that the age of the VC is over, and is getting out of the business. The specifics of his claim are that VCs won't be able to earn the same sorts of returns they did in the 90s, which he chalks up to "systemic change." If anything, it sounds like he's channeling Nicho las Carr, who believes the tech industry is becoming commoditized and boring (misunderstanding that things first get interesting when stuff gets commoditized). Of course, the silly thing is that he seems to be comparing today's VC returns to what you could get in the 90s. He claims that "the eye-popping returns that make venture capital famous are history." Of course, the easy response to that is that perhaps most of the "eye-popping returns" were the aberration in the first place, built on the bubble of hype-cycles past. That means there's still plenty of opportunity in real innovation -- and even without that, you can bet that there will be more hype cycles and bubbles. History< /a> practically guarantees it. While bubbles aren't good for everyone, good VCs generally are able to make out quite well (since they bail out early enough) -- and we've already explained why bubbl es eventually are good for most people. While it's bad for those who get sucked up in the hype, it does accelerate innovation by allowing a lot of companies to quickly test (and discard!) many different ideas.

Panasonic 3G Venture


Panasonic 3G Venture 11/06/2003 04:09 AM
3G Nov 6 2003 3:05AM ET

Shawn Fanning's New Venture


Shawn Fanning's New Venture 01/25/2004 05:20 PM

DoCoMo pulls out of U.K. venture


DoCoMo pulls out of U.K. venture 05/27/2004 09:34 PM
IHT May 28 2004 0:39AM GMT

Telstra dials into 3G venture


Telstra dials into 3G venture 08/04/2004 03:22 PM
Herald Sun Aug 4 2004 7:27PM GMT

Hanaro to Venture Into Broadcasting


Hanaro to Venture Into Broadcasting 09/07/2004 05:01 AM
Hankooki Sep 7 2004 8:43AM GMT

Mac-friendly Venture Capital?


Mac-friendly Venture Capital? 06/05/2005 11:24 PM

Hutchison refuses to cut value of U.K.
3G venture


Hutchison refuses to cut value of U.K.
3G venture
05/28/2004 10:46 PM
IHT May 29 2004 2:53AM GMT

NEC in joint venture with India's HCL


NEC in joint venture with India's HCL 06/06/2005 12:12 AM
Japanese electronics maker NEC announced Friday that it is setting up a software joint venture in India with HCL Technologies, an Indian software services company in Noida near Delhi.

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IBM, LG Electronics to end PC joint
venture


IBM, LG Electronics to end PC joint
venture
09/14/2004 03:08 PM
SiliconValley.com Sep 14 2004 5:20PM GMT

How Many Social Networks Is Too Many?

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