MSFT’s social networking experiment dies.
I contacted MSFT IP Ventures back in 2005 and inquired about Wallop. They ended up hiring some genius to run it. Today it’s shutting down: Wallop Takes a Leap into the Deadpool.
I think this has more to do with the fact that MSFT plunked $240M into Facebook and, you know, might as well push that. But, make no mistake about it, it also speaks volumes about MSFT’s inability to create value around the latest, hottest web trend, even if said trends spawns a gazillion YASN (yet another social network).
I’m never happy to see a company die or fizzle out… mind you, but maybe next time an Ashkan Karbasfrooshan lands in your inbox, take me f’n seriously. I’m joking, I think.
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WatchMojo NewsletterLast year I was sitting in the audience when Michael Arrington said “we have a very strong economy”. At the time, you saw the wheels coming off the mortgage market, which in turn would kill housing, finance… with the military and automotive sectors also in the toilet, pretty much every engine of the once-great American economic system was about to crash.
It’s nice to see that today, when the markets are going off the rails, people are as clueless and out of touch as always.
Are Facebook semantics really all that important?
Then again, when our candidate from the Right is so out of touch with reality… I guess anything is possible.
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