HipMojo.com http://watchmojo.com/web/blog Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&A, Financing, VCs Sat, 21 Nov 2009 21:40:57 +0000 http://wordpress.org/?v=2.1.3 en Wallop Bites the Dust. What’s Wallop? Good Question. http://watchmojo.com/web/blog/index.php/2008/09/15/wallop-bites-the-dust-whats-wallop-good-question/ http://watchmojo.com/web/blog/index.php/2008/09/15/wallop-bites-the-dust-whats-wallop-good-question/#comments Mon, 15 Sep 2008 23:02:38 +0000 Ashkan Karbasfrooshan EntrepreneurshipFacebook.comInternet & WebManagementMicrosoftOnline AdvertisingSocial Networking http://watchmojo.com/web/blog/index.php/2008/09/15/wallop-bites-the-dust-whats-wallop-good-question/ 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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