1. Twitter Jumped the Shark, Who is Next?

    Wednesday, 6 May 2009 Comments Posted by: Sean McDonald

    Twitter, Facebook, My Space… all were big, then got bigger, what is next?

    Well Twitter has Oprah and Ashton to thank for widespread awareness.

    Even before celebrity endorsement, more and more social network sites have come alive on the web. Why do we have the need for more and more social network sites? Could it be…current solutions are missing features? Social network sites have a short life span because users get bored? No switching costs for the millions of users to move from one to another or add another social tool to list? Or is it $ – the promise of high valuation, low cost to start, in hopes to sell for millions? Regardless, take a look at Top 10 Social Media Sites That Should Be Next In Line To Be Oprah-Fied  from Social Times.

    • Sean McDonald
      Godwin
      Your right.
      Monetize is the real hard part (first to do it and second not to destroy the activity you built up)
      . Success should come in two parts:
      1. Activity (activity of the tool, growth of users, increased utility).
      2. Financial (sustainable business model that generates not only revenue but earnings with adjacent opportunities to increase revenue pie).

      A lot of #1 success stories to date.
    • Godwin
      Sean - interesting question you have posed here and good article. Add to this, NING (Marc Andressen's and Gina Bianchini's foray into Social network democratization) is bringing and interesting dynamic into this space, encouraging people to build their own interest-based network. I am just waiting to see how these sites monetize without losing their somewhat loyal base.
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