Monday, July 30, 2007

Facebook Value

This summer has been lots of Social Media for me. I'm co-writing an Enterprise 2.0 ebook and my theme is Virtual Organizations 1970 - 2010.

The Web 2.0 social media evolution is much stronger in US than in Europe. Linux and IRC were invented by Finns, Linux Thorwalds and IRC by someone from Oulu.

Why does it take longer for us in Europe to grasp the advantages and benefits of Social Media? Loic LeMeur wrote in his twitter/blog some time ago that the language landscape isn't as monolithic as in US.

European online web 2.0 entrepreneurs are still rare. Skype was invented in Europe but we didn't know what to do with it. Key technologies for the Apple iPod are from Germany, but European biz's didn't know how to make Mp3 to a business.

Nokia is great on the global market but its market share of the US mobile market is only 10 % and global market share is 39 %.

New things this summer for me:
  1. Twitter
  2. Facebook
  3. Jaiku
Just to mention a few...

Between the lines writes, "This is the summer of Facebook. The social network went from relative obscurity outside of college campuses to the next big thing, with a multi-billion dollar valuation and more than double number of users. Some of my fellow travelers are questioning the (personal) role of social networks or suffering Facebook fatigue. Jason Calacanis characterizes Facebook as bankrupt..."
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