DJALCHEMI

Social software and venture capital

I'm considering doing a proper review posting on 'social software' at some point — sites like Ryze, LinkedIn, Friendster, and the one I use, Ecademy, which provide means to broaden your network of contacts. But in the meantime, I recommend the admirably cynical comments of Venture Capitalist Jon Staenberg on the sector.

Sample quotes: "Let's not fool ourselves, sex still is the motivator and most of the activity around these sites is still around dating"; "I am on every service. I get almost no value from the services and in fact am starting to find them annoying as more and more random people are asking me to meet Bill Gates..."