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Posts in Social

Should Web 2.0 startups seek venture capital?

Web 2.0 startups shouldn’t bother seeking VC money, according to Neil Sequeira of General Catalyst Partners, because “there have not yet been these type of exits that generated venture capital type returns”.

Neil is a VC who made these comments at the AjaxWorld Expo in California, but I’m not sure he’s entirely correct in his observations.

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Users mystified by Web 2.0, says report

Nielsen//NetRatings has released a survey  that shows the latest internet trends and technologies are still a mystery to many UK consumers.

The report shows 52% of British web users believe online and digital technologies make their life easier, but a similar percentage say they find them difficult to follow.

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Valleyschwag dumps subscription model and subscribers

I’ve just figured out, via a Paypal email notification, that Valleyschwag has pulled the plug on its subscription model.

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Wal-Mart dumps social networking site

Wal-Mart’s brief fling with online networking appears to have come to an end, with several blogs saying the retailer has closed its teen-oriented social networking site - called ‘ The Hub ’, among other things.

The site, temporarily launched this summer as a promotion for the start of the school year, aimed to copy Myspace et al by encouraging ‘hubsters’ to set up their own personalised web pages.

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SMEs failing to exploit blogs, says study

Only 3% of SMEs are planning to start a corporate blog, according to a survey by hosting provider Fasthosts.

The firm, which questioned 2,000 small businesses, found nearly half would use a blog to drive traffic and interact with their customers, but far fewer were actually preparing to launch one.

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Operators in talks over ‘Mobile Bebo’

Bebo is in discussions with mobile operators over the launch of a range of text messaging services in the first quarter of next year.

The companies plan to use SMS to extend Bebo’s functionality onto mobiles, unlike the WAP-based services being developed by some of its rivals.

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Mark Cuban: only a 'moron' would buy YouTube

Dotcom billionaire Mark Cuban is one person that can be ruled out of the bidding for YouTube  – he has reportedly said that only a “moron” would purchase the video-sharing site.

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Myspace value "could rise to $15bn"

Myspace could be worth $15bn within three years, according to one Wall Street analyst.

In a research note quoted by Reuters, RBC Capital analyst Jordan Rohan said he had come out of a meeting with Fox Interactive enthused about the site’s experienced management, "massive" global appeal and potential to become "an intellectual property distribution powerhouse".

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David Miliband on wikis and UGC

This summer saw David Miliband, secretary of state for the Department for Environment, Food and Rural Affairs, launching the government’s first experiment with wikis, only for the move to be scrapped after the “accidental or malicious editing or removal of material” by pranksters.

But the wiki is now open again, albeit with tighter moderation and registration policies, and Miliband has promised to continue testing new ways to engage with the public via the web.

We talked to him to find out more...

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Are Social Conferences the 2.0 of conferencing?

A social conference is a physical embodiment of the web 2.0 world and like the web itself presents a unique and invigorating opportunity to communicate and connect. Is this the future of conferencing?

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Yahoo! reportedly close to Facebook deal

Speculation is growing that Yahoo! is close to a $1bn deal for social networking site Facebook.

The Wall Street Journal reports that Facebook is in "serious discussions" to sell itself to the search engine and portal, following months of reported takeover bids from big media players.

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EU plans are threat to new media firms, says Ofcom

Ofcom has warned that the EU’s proposed Audiovisual Media Services (AVMS) directive could force new media companies to relocate outside Europe.

The UK media regulator said research it had commissioned from RAND Europe showed the proposals could “significantly increase regulatory costs and uncertainty” for multimedia firms.

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