Wednesday, May 5, 2004

No Business in Social Networking

Social networks are a good thing. Everybody should have one--and everybody I know does, in some form or fashion. But whether you need an online social network and, particularly, whether you need one whose primary purpose is separating you from your money is another question entirely.

I am talking about the LinkedIns, Friendsters, and Orkuts of the world. All of them, presumably, plan to monetize their online communities by charging people for introductions to people they don't now. These things have become darlings of the get-rich-quick-on-the-Internet set, who talk about these services like there's really money to be made selling introductions wholesale.

Read the full story at eWeek Messaging and Collaboration

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