The New Internet Gamble

So far venture capitalist have poured $100 million into the social software space, according to this story…One scenario has online social networks evolving into online dating services or e-commerce sites like eBay and Craigslist, which link buyers directly to sellers. Another possibility is that social networks could become next-generation content providers, an encyclopedic collection of personal profiles and Weblogs. Or, the companies could become enterprise software makers, adding versions of their applications to corporate Intranets as a way of linking people and inducing them to collaborate, something that Spoke Software now does.

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