"The industry, which received a jolt from the creation of online community Web site Friendster Inc. in 2003, is likely to continue to attract VC interest and to become even more specialized in 2005."
[Venturewire Pro]
Monday, January 31, 2005
TREND: Social Networking Sites Move Towards Specialization
"Venture capitalists invested heavily in online social networking in 2004 and have started pushing toward specialization of the business, by focusing on professional networking and complementary services sites. "
"The industry, which received a jolt from the creation of online community Web site Friendster Inc. in 2003, is likely to continue to attract VC interest and to become even more specialized in 2005."
[Venturewire Pro]
"The industry, which received a jolt from the creation of online community Web site Friendster Inc. in 2003, is likely to continue to attract VC interest and to become even more specialized in 2005."
[Venturewire Pro]
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