Comments on: You’re Better Off Working at Starbucks Than Running a Social Network http://gigaom.com/2008/02/19/youre-better-off-working-at-starbucks-than-running-a-social-network/ Trusted Insights and Conversations on the Next Wave of Technology Fri, 27 Nov 2009 00:25:55 +0000 http://wordpress.com/ hourly 1 By: Manny Hernandez http://gigaom.com/2008/02/19/youre-better-off-working-at-starbucks-than-running-a-social-network/#comment-867057 Manny Hernandez Sun, 23 Mar 2008 21:35:26 +0000 http://gigaom.com/?p=11547#comment-867057 <p>I have to disagree with the title and overall gist of this post.</p> <p>There is room for more social networks: not just room, but NEED for niche, target-specific social networks. They don't have to be set up for profit, though.</p> <p>I am the founder of a a social network for people touched by diabetes called TuDiabetes.com. Since March 2007, we have pulled in over 2,200 members and growing steadily while making an impact on people that suffer from this condition one person at a time.</p> <p>So, as you can see, there is room AND need for more social networks. Not all of them have to be in it for a profit. Of course, we are a non-profit!</p> I have to disagree with the title and overall gist of this post.

There is room for more social networks: not just room, but NEED for niche, target-specific social networks. They don’t have to be set up for profit, though.

I am the founder of a a social network for people touched by diabetes called TuDiabetes.com. Since March 2007, we have pulled in over 2,200 members and growing steadily while making an impact on people that suffer from this condition one person at a time.

So, as you can see, there is room AND need for more social networks. Not all of them have to be in it for a profit. Of course, we are a non-profit!

]]> By: Jason Gamby http://gigaom.com/2008/02/19/youre-better-off-working-at-starbucks-than-running-a-social-network/#comment-862663 Jason Gamby Fri, 22 Feb 2008 18:08:40 +0000 http://gigaom.com/?p=11547#comment-862663 <p>Hey haven't you heard of Virtudex.com? It's the best business social network. Invite only so here is the pass code - 1Z1code</p> Hey haven’t you heard of Virtudex.com? It’s the best business social network. Invite only so here is the pass code – 1Z1code

]]> By: links for 2008-02-22 « Social Sim http://gigaom.com/2008/02/19/youre-better-off-working-at-starbucks-than-running-a-social-network/#comment-862627 links for 2008-02-22 « Social Sim Fri, 22 Feb 2008 11:24:26 +0000 http://gigaom.com/?p=11547#comment-862627 <p>[...] You’re Better Off Working at Starbucks Than Running a Social Network More bad news on the social network revenue front from GigaOm. These people are clearly not thinking of the long tail. (tags: social_network socialnetwork socialnetworking web2.0 advertising) [...]</p> [...] You’re Better Off Working at Starbucks Than Running a Social Network More bad news on the social network revenue front from GigaOm. These people are clearly not thinking of the long tail. (tags: social_network socialnetwork socialnetworking web2.0 advertising) [...]

]]> By: Catalyze This » Blog Archive » Make more money at Starbucks than with a social network http://gigaom.com/2008/02/19/youre-better-off-working-at-starbucks-than-running-a-social-network/#comment-862304 Catalyze This » Blog Archive » Make more money at Starbucks than with a social network Wed, 20 Feb 2008 07:31:04 +0000 http://gigaom.com/?p=11547#comment-862304 <p>[...] thought this was hilarious. That being said, many of the social networks, including Friendster, Google’s Orkut, and [...]</p> [...] thought this was hilarious. That being said, many of the social networks, including Friendster, Google’s Orkut, and [...]

]]> By: Joe http://gigaom.com/2008/02/19/youre-better-off-working-at-starbucks-than-running-a-social-network/#comment-862298 Joe Wed, 20 Feb 2008 06:44:47 +0000 http://gigaom.com/?p=11547#comment-862298 <p>Just to confirm that I have this correct...</p> <p>At $0.05 CPM that's $0.00005 cost per impression, correct?</p> Just to confirm that I have this correct…

At $0.05 CPM that’s $0.00005 cost per impression, correct?

]]> By: lpapworth http://gigaom.com/2008/02/19/youre-better-off-working-at-starbucks-than-running-a-social-network/#comment-862211 lpapworth Tue, 19 Feb 2008 21:30:30 +0000 http://gigaom.com/?p=11547#comment-862211 <p>How about, instead of not working at Starbucks they also move out of advertising into a revenue model that works for social networks? Both SKTelcom's Cyworld and Sulakes Habbo makes many times the revenue that ad-only MySpace ($2 and change per year) makes. There's more to life in communities than CPMs. <a href="http://silkcharm.blogspot.com/2008/02/australia-roi-investment-and-revenue-in.html" rel="nofollow">Revenue in social networks</a></p> <p>Then again from an "also ran" social network to rewarding low quality consumers with crap pixel products - these guys would have trouble finding gold in a jewellry store :P</p> How about, instead of not working at Starbucks they also move out of advertising into a revenue model that works for social networks? Both SKTelcom’s Cyworld and Sulakes Habbo makes many times the revenue that ad-only MySpace ($2 and change per year) makes. There’s more to life in communities than CPMs. Revenue in social networks

Then again from an “also ran” social network to rewarding low quality consumers with crap pixel products – these guys would have trouble finding gold in a jewellry store :P

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