] HipMojo.com » Dark Cloud, Meet Social Media. Social Media, Meet Dark Cloud

Dark Cloud, Meet Social Media. Social Media, Meet Dark Cloud

It will sure be a sad sight when all of those hundreds of millions invested in social networking sites will have to be written off…

Of course, I doubt that will happen. What will happen is a number of these companies will scrap their ad supported business plans and come up with something else to fleece investors next time around.

Read more: global ad estimates revised downwards for social networking sites.  Here’s the original study on eMarketer.

Translation: crap is actually crap in French, German, Russian, etc., too!

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Posted By: Ashkan Karbasfrooshan | May 21st

One Response to “Dark Cloud, Meet Social Media. Social Media, Meet Dark Cloud”

  1. Hussein Fazal Says:
    May 21st, 2008 at 3:47 pm

    I have made a couple of comments on eMarketer’s projections on my social network advertising blog: In Response to ‘eMarketer Lowers Social Networking Ad Spending Estimate’ Have a read and let me know your thoughts.

    Thanks,
    Hussein Fazal

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