HipMojo.com http://watchmojo.com/web/blog Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&A, Financing, VCs Sun, 22 Nov 2009 13:53:08 +0000 http://wordpress.org/?v=2.1.3 en Dark Cloud, Meet Social Media. Social Media, Meet Dark Cloud http://watchmojo.com/web/blog/index.php/2008/05/21/dark-cloud-meet-social-media-social-media-meet-dark-cloud/ http://watchmojo.com/web/blog/index.php/2008/05/21/dark-cloud-meet-social-media-social-media-meet-dark-cloud/#comments Wed, 21 May 2008 18:03:47 +0000 Ashkan Karbasfrooshan Internet & WebOnline AdvertisingSocial NetworkingStat of the Day http://watchmojo.com/web/blog/index.php/2008/05/21/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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