What Is Your Social Network Really Worth?

Om Malik, Wednesday, November 21, 2007 at 1:48 PM PT Comments (9)

Now we all know that Facebook is worth one gazillion dollars, but how about the people who are always social networking? In other words, how much is your personal network worth? Germany-based Xing has come up with a tool called MyNetworkValue that lets you put a dollar value on your network. My network value was pretty high, though not as high as Robert Scoble, who must be a gazillionaire based on his Facebook network alone.

A day before Thanksgiving, this is a great time waster.

Rating: 47% Thumbs Up Thumbs Down

9 comments so far

November 21st, 2007
2:21 PM PT
Alex said:

Om said:
……”A day before Thanksgiving, this is a great time waster.”

Absolutely great line.
When I was reading the post I was thinking to myself the perceived value has NO value because these people have trusted you with their “identity”. That said a great mental masturbation exericse.

Happy Thanksgiving!

November 21st, 2007
3:13 PM PT

My network is valued at almost 650K dollars!
By the way, why there’s only that few countries in their drop down?

November 21st, 2007
10:40 PM PT
Prashant said:

this can be a useful thing for startup
i am sure you must have heard of Connector Maven Salesman Theory of Malcom Gladwell
a big problem in rolling out a New Soc Nw is to find out These Connector and maven . with this service any entrepreneur should be able to find connectors at least and lure them to
new Nw. thus bringing some of his Perosonal network too .

It can actually a good tool if you look at it that way .

November 22nd, 2007
4:45 AM PT

Arbitrary to the point of being meaningless…

November 22nd, 2007
4:53 AM PT
J said:

A great time waster -

Scoble or the Xing app?

November 22nd, 2007
6:52 AM PT

My god, I’m worth £4,176,444 over the next 10 years! That’s over 8m USD.

I’m therefore only willing to share my network now for a price - you can make your donations at (link)

November 22nd, 2007
12:22 PM PT
Pete said:

Mine is worth $250,000. What does this do again? Waste time! What does it do after that? Waste time!

November 22nd, 2007
6:27 PM PT
Aidan Henry said:

It is a great time waster, but it has some hidden truth. Your network cannot be under-emphasized. The value you bring to any business or organization (in many cases) is measured by the depth of your connections. Trying to place a dollar value on your network though is rather silly. It’s a great marketing/conversation piece for Xing though…

Cheers,
Aidan
(link)

November 22nd, 2007
8:11 PM PT
chris said:

Have not looked at Xing but somehow i find it hard to believe the cheeseballs who have 10 kazillion friends on facebook can attach some sort of worth to that.

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