Businessweek has reported a rumoured deal for Facebook for over a billion dollars! Now thats Web 2.0 rocking
I guess we will see a few of those plans back in India pretty soon 🙂
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On a web 2.0 related note, here’s something cool that is being built by some of my friends. Proaxys can parse RSS/Atom feeds and convert them to speech. And some of the names that it could pronounce were really cool!
I blogged about it here – http://sandeep.wordpress.com/2006/04/08/web-20-podcasting-and-proaxys/
Even though I am not usually taken up by the podcasting hype, I thought this was pretty cool.
-Sandeep
Interesting thought there Kevin, and i am certainly not challenging it. Just pricking you with some addtional thoughts and emphasing what Alok said.
If there is a free to produce tv program, there would be several others on other channels and some with overlapping broadcast time. Sustaining user interest and differentiating from other similar sites is thus most critical; and that calls for a lot of investment. Moreover, while you can always replace a less popular serial with a new one on your channel; you dont get to do that on internet. On internet, your site is the only program you have. So if one fine day, your ‘kyonki saas…” is not cool anymore, then thats downhill from there.
Why this becomes even more important in the context of school/college networks is because from what i understand, most users will either migrate to professional networks such as linkedin once they move out of college (and when actual purchasing power begins) or get too busy with their own lives to take interest in others’ lives (profiles) at all. Afterall, your interest levels in pretty juniors is likely to fall once you get married. If that is correct, then we are here talking of a small user life span. Every new academic calender means new users (15-20% of exisiting userbase) for grabs. User aquistion thus beceomes very expensive. Note that here user lifespan is small too.
So that you can better relate to what i am saying, this may help:
http://en.wikipedia.org/wiki/List_of_social_networking_websites