9Feb10
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One revenue model that is a natural for social networks is what’s often referred to as two-sided platforms: That is, your platform (your social networking site) serves the needs of two (or more ) sides within a niche. It brings two groups with a common focus and lets them interact in a way that benefits [...]
21Oct09
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Social Network For Forex Traders Currensee Raises $6 Million | paidContent. Another great example of how to leverage the need for collaboration and information through a social networking model, and a vote of confidence for the business model with a new funding.
Currensee plans to make money by taking a commission when its members open new [...]
12Dec08
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If you’re looking for a focus for a social network, think beyond the good things in your life, and consider some of the challenges you’ve faced over the years. Common interests can bring people together, but not nearly as well as common foes, and the NY Times recently noted.
29Sep08
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Social networking isn’t just for the college-aged kids.
41% of Baby Boomer internet users in the US have visited online social networks, according to a report from The NPD Group.
Although young web users (age 13-34) are significantly more likely to visit social-networking sites – and to visit them more often – more than half of Baby [...]
4Sep08
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Lightspeed Venture Partners have been estimating the revenue for Facebook from those virtual “gifts” members can send back and forth.
Their most current estimated run rate is $35 million, more than double their January estimate.
It’s a beautiful little revenue model, with almost zero cost to Facebook.
They do a great job of driving urgency by limiting the [...]
28Aug08
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Some interesting developments in Social Networks being gobbled up. In this case, a couple of Amazon.com acquisitions means it now owns two competing networks:
Amazon.com Monday agreed to acquire Shelfari, a social network for book lovers, for an undisclosed sum. Amazon’s acquisition of Shelfari means the site will likely make it a much stronger competitor to [...]