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What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of social networking,&# the 30-minute video is here and the PowerPoint presentation is here on DocStoc ). What are the big trends that will drive the next phase of social networks? And so it goes with social networking.

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It’s Morning in Venture Capital

Both Sides of the Table

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. In 1998 there were around 850 VC funds and by 2000 there were 2,300. In 1998 it was 150 million, 1999 250 million and by 2000 it had crossed 350 million. Thank you, Aaron Sorkin!

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Netflix vs. Blockbuster and bad profits (reflections from my Bazaarvoice days)

Austin Startup

Then in 1998 along came a tiny company in Los Gatos, California named Netflix. And don’t get me started on how great of a job Netflix does in creating high switching costs (or “community stickiness”) with all of its great ratings and social networking features. And the Blockbuster name became synonymous with late fees.

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New Rules for the New Internet Bubble

Steve Blank

This next wave of web startups; Social Networks and Mobile Applications, now reached 100’s of millions of customers. Rules for building a company in 2011 are different than they were in 2008 or 1998. Show and talk at conferences, be on lots of blogs, use social networks and build a brand. The New Exits.

Internet 334
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Social Media Best Practices for Your Nonprofit

Board Effect

New apps are continually being introduced to help interconnect social media platforms which can help automate content and spread it virally using a few clicks. While social media presents a way for good news to travel fast, nonprofit boards also have to be aware that bad news travels even faster. Think twice, post once.