HipMojo.com http://watchmojo.com/web/blog Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&A, Financing, VCs Sat, 21 Nov 2009 20:08:58 +0000 http://wordpress.org/?v=2.1.3 en Social Network Sites Losing Lustre? http://watchmojo.com/web/blog/index.php/2008/01/31/social-network-sites-losing-lustre/ http://watchmojo.com/web/blog/index.php/2008/01/31/social-network-sites-losing-lustre/#comments Thu, 31 Jan 2008 17:45:02 +0000 Ashkan Karbasfrooshan Facebook.comInternet & WebOnline AdvertisingSocial Networking http://watchmojo.com/web/blog/index.php/2008/01/31/social-network-sites-losing-lustre/ People are getting tired of social networking and the hangover from the overdose of exposing oneself.  Shocking.

Facebook’s growth is slowing down. Shocking.

Wonder if that $15B valuation is sensible today.  Nope.  Yahoo! - stripped of Alibaba and Yahoo! Japan - is not worth $15B today… would you really take in Facebook’s $150M in revenues and everything else it has going for it over everything (good, bad and ugly) that Yahoo! has?

It’s ironic that I came across this piece of news just after arguing that content will prevail over community.

Also fitting that just last week we made our case for the decline of Facebook.

Ultimately, I think the over-simplified conclusion is app-fatigue, sure, but not all social networking are [cr-]app cesspools.

So the flip side is lack of good content and ironically, lack of utility.

]]> http://watchmojo.com/web/blog/index.php/2008/01/31/social-network-sites-losing-lustre/feed/