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Sometimes I feel that web2.0 is going to burst like dotcom bubble in 2000. Several millions flooded into the market from venture sharks.All these guys are looking at numbers user hits,activie users,etc.,Imagine howmany website max you can visit or create a blog everyday unless you have no other work todo(like reading this discussion board).I myself use to spend atleast an hr daily browsing through youtube videos in early '06 only because it was irresistably attractive. now i hardly look at it.ning is no different from blogger in abused sense. cut the crap, may be 2-3 years down the lane, all this might appear nonsense ! never know.
RE:Viral Spiral burst anticipated!
by roopesh menon on May 18, 2008 04:58 PM Permalink
Its so true.How long does a socal networking clings to a human brain is a question to be asked.On a personal experience and observations made..a person's addiction towards any networking site gradually decreases as years pass by.Ppl still stick to the Giants due to "fear factor" whihc no one in the social networking site can deny. They have their share of impacts on people's lives for sure , question to be asked is how long???
RE:Viral Spiral burst anticipated!
by slicktiger on May 18, 2008 04:15 PM Permalink
Digg,MySpace,Flickr,hi5 are already very much into viral marketing.ning is n't the only one.India is contributing most to these social networks count and the eventual market value of the site.
%u2013 %u201CThe secret is what%u2019s called a %u2018viral expansion loop,%u2019 a concept little known outside of Silicon Valley (go ahead, Google it%u2014you won%u2019t find much).%u201D Of course you wont%u2019 find it on Google (NSDQ: GOOG). Cause it%u2019s some B-school phrase meaning viral growth, which you%u2019ll find everywhere on Google.
%u2013 %u201CYou can build a billion-dollar business from scratch%u201D. Um%u2026where?
%u2013 %u201CIt%u2019s not unlike taking a penny and doubling it daily for 30 days. By the end of a week, you%u2019d have 64 cents; within two weeks, $81.92; by day 30, about $5.4 million.%u201D Keep in mind, there is no proof that%u2019s actually money we%u2019re talking about, in Ning%u2019s case.
%u2013 %u201CThe company estimates that, at this rate, by New Year%u2019s Eve 2010 it will host some 4 million social networks, with tens of millions of members, serving up billions of page views daily.%u201D This is exactly how Clay Shirky brilliantly dissected the Second Life hype, also in the pages of Valleywag. Active social network numbers, please?
%u2013 %u201CWhich is how Ning has been able to grow at a daily average of more than .4% and add 500 new groups a day, doubling roughly every 137 days. %u2018It%u2019s the power of compounding, predictable growth rates,%u2019 Bianchini says.%u201D Actually, no, if it is viral, then no way it can be predictable. And yes, as Vwag points out, whatever the growth is, it won%u2019t be sustained. Period
RE:crap
by bikram b on May 16, 2008 01:53 PM Permalink
Viral expansion loops have long existed in the offline world.%u201D Um..what was that part about %u201Ca concept little known outside of Silicon Valley%u201D?
%u201CSignificantly, viral-loop networks don%u2019t create content%u2014they organize it. They provide an environment that is, in theory, almost infinitely scalable, and then rely on the wisdom of crowds to create or aggregate masses of material to fill it.%u201D Almost infinitely scalable? Really?
Andreessen points out that %u201Ceventually, everyone tends to be on such a network, the way that everyone has a telephone and everyone has an email address, because the value to being on it is so huge as a result of everyone else being on it.%u201D True, only in this case, on any one of the social networks, not on a Ning network. So the utility is connection through social net, not any one company.
Nicholas Economides, a professor of economics at New York University%u2019s Stern School of Business, characterizes this as %u201Ca network effect.%u201D See, it is that simple%u2026all the words written before this were just words strung together to say just that.
As NYU professor Economides reminds us, %u2018being big doesn%u2019t necessarily mean you will make a profit.%u2019%u201D Thank you, sir.
Ning swells like a river fed from an ever-growing number of tributaries.%u201D I think I just threw up a little in my mouth.
Wonder when will people realise that a lot of it is repeat advertising ... same people in different groups ... and that everytime this happens the user will not be so much interested ... he could get bugged also ... so the overall return rate goes down .. maybe according to the power law ... :P
