Comments on: Social network stampede: Hi5 gets $20 million, Bebo to get developer platform http://venturebeat.com/2007/07/22/social-network-stampede-hi5-gets-20-million-bebo-to-get-developer-platform/ News About Tech, Money and Innovation Mon, 23 Nov 2009 07:11:08 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: VentureBeat » Small funding, for a social network: Hi5 raises $15 million in venture debt http://venturebeat.com/2007/07/22/social-network-stampede-hi5-gets-20-million-bebo-to-get-developer-platform/comment-page-1/#comment-763142 VentureBeat » Small funding, for a social network: Hi5 raises $15 million in venture debt Thu, 31 Jan 2008 07:44:25 +0000 http://venturebeat.com/2007/07/22/social-network-stampede-hi5-gets-20-million-bebo-to-get-developer-platform/#comment-763142 [...] This is a small amount compared to larger rival Facebook’s $240 million strategic investment from Microsoft last fall, although Hi5 did just raise $20 million in July (our coverage). [...] [...] This is a small amount compared to larger rival Facebook’s $240 million strategic investment from Microsoft last fall, although Hi5 did just raise $20 million in July (our coverage). [...]

]]> By: Ria Day http://venturebeat.com/2007/07/22/social-network-stampede-hi5-gets-20-million-bebo-to-get-developer-platform/comment-page-1/#comment-381120 Ria Day Mon, 23 Jul 2007 17:33:05 +0000 http://venturebeat.com/2007/07/22/social-network-stampede-hi5-gets-20-million-bebo-to-get-developer-platform/#comment-381120 Hi5 and Tagged increase their networks by spamming peoples address books. I don't think this is a good way to build a business. http://www.bizorigin.com/2007/tagged-how-did-a-spam-site-get-a-117m-valuation/ Hi5 and Tagged increase their networks by spamming peoples address books. I don’t think this is a good way to build a business.

http://www.bizorigin.com/2007/tagged-how-did-a-spam-site-get-a-117m-valuation/

]]> By: Jung Kwag http://venturebeat.com/2007/07/22/social-network-stampede-hi5-gets-20-million-bebo-to-get-developer-platform/comment-page-1/#comment-380695 Jung Kwag Mon, 23 Jul 2007 02:37:39 +0000 http://venturebeat.com/2007/07/22/social-network-stampede-hi5-gets-20-million-bebo-to-get-developer-platform/#comment-380695 I believe however that simple translation ignores the fact that users in different countries use the web differently, prefer different GUI's, have different visual prioritization, and different infrastructure in regards to both the speed of connectivity and how they can input into a service. This ignores the different monetization levels and strategies. Like the "global car" this is going to be a painful lesson for alot of these companies who naively believe that their format is really global. Look at Google in Asia. Traffic and revenue is not pretty. Particularly in Korea. Not globalization but Serial localization. The Auto industry understands that. The web industries don't..yet. Too blinded by the propaganda of the "unifying nature" of the web. Let me laugh at that. The web is not about mass communication but mass customization. You have to morph into more and more different forms to get the same message out. I believe however that simple translation ignores the fact that users in different countries use the web differently, prefer different GUI’s, have different visual prioritization, and different infrastructure in regards to both the speed of connectivity and how they can input into a service.

This ignores the different monetization levels and strategies.

Like the “global car” this is going to be a painful lesson for alot of these companies who naively believe that their format is really global. Look at Google in Asia. Traffic and revenue is not pretty. Particularly in Korea.

Not globalization but Serial localization. The Auto industry understands that. The web industries don’t..yet. Too blinded by the propaganda of the “unifying nature” of the web.

Let me laugh at that. The web is not about mass communication but mass customization. You have to morph into more and more different forms to get the same message out.

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