From PEHub: continue reading...

Some of these are absolutely ridiculous!!
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Great article from the founder of social net Tripod (acquired by Lycos) Bo Peabody in Washington Post, found via Business Insider:

Social networks aren’t great places to advertise. You can’t charge users for their services. And they never gain enough momentum to survive in the stock market. Indeed, no social network has ever made it as a public company. continue reading...

Some reading to close out the year:

- a pretty darn interesting and insightful take on Apple’s potential tablet here. continue reading...

What are the 10 consumer web companies that are best positioned for the 2010s? continue reading...

Yes, Facebook today is an awesome company.  But if you look at the landscape and wreckage, social networking sites failed to deliver on the hype. Social networking and media remains an ever-growing aspect of our lives, but as a business… not so sure to be honest:

- MySpace has all but capitulated on the “social networking” aspect of things and is essentially a great platform for entertainment, namely music. continue reading...

If you like M&A, great article from NY Times on how Comcast courted and convinced GE to sell NBC.

Comcast had also undertaken an internal review to consider where the company could grow by acquisition. It considered buying another cable company, a mobile phone company or even Facebook. At one point, it considered acquiring Viacom, which owns several cable networks but is unencumbered by a broadcast network, but Sumner M. Redstone, the controlling shareholder in Viacom, was not interested in selling. continue reading...

Looks like it, by setting up a second class of shares to allow management to remain firmly in control of operations, Facebook is sending the clear message that it will IPO in the next year or two.

Of course, it could also be a less sublte message to Google, Microsoft and a few deep pocketed others that if they wish to acquire the world’s number one social networking site, the time is nigh. continue reading...

After posting pictures of herself having fun on facebook, Nathalie Blanchard, 29, is fighting to have her benefits reinstated after her employer’s insurance company cut them. continue reading...

Unfriend” beat out a terms like “netbook,” “hashtag” and “sexting” to take the annual honor of dictionary word of the year. continue reading...