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May 09, 2006

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Stowe,

Thanks for the mention and discussion - note that I'm really referring to business to business social networking like LinkedIn - as you point out, lots of members not much really happening in terms of results. Although I did receive several very passionate comments on this post from business folks who have had some positive results using LinkedIn and Ryze. Oh, and add me to your buddylist any time!

John Jantsch

He's right in as much as most of the sites he mentions have implementation problems. He's wrong that social networking is a fad. Social networking services are redefining how the 13-23 year old sect communicates and interacts on line; they are learning how to use a valuable tool just like the youth bloc before them learned IM. It's called social learning, and the fact there are 100 millions people doing it - it proves we're not dealing with a fad here.

The important thing to understand is that the youth bloc doesn't view these sites as "social networking." These sites are games, or mini attention economies - they are anything but social networking. That's the reason they succeed, and any site that is being overt about social networking doesn't have enough of a nuanced understanding of the space to shake out.

Haven't we learned enough from our users and the web that 100 million users voting together means something extremely valuable? (Even if we don't necessarily "get it") And that these things that look faddish are the poorly implemented exemplars? There's huge opportunity in the social networking space - for those who can deliver the solutions that this consumer bloc wants and needs.

Fred - I'm with you.

John - I'm stoweboyd on all the services, so IM me sometime.

You should check out the rankings of social networks sites on Alexa. The unknowns are doing very well (www.hi5.com and www.bebo.com). Its amazing how much free traffic you can create just by building it in.

Its viral marketing.

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