Quote:
Originally Posted by Mutt
that is a very interesting analogy - i think you're right, the social networking site game is is like the trendy bar/club/restaurant scene in major cities. they have a fairly short lifespan and the investors know it, people who create trendy restaurants and clubs are already planning the next one when the newest one opens. social networking sites rely on the same type of customer to become a hit, trendsetting 20 somethings. unfortunately the companies who pay ridiculous amounts of money for these sites don't understand how trendy/fickle their customers/users are.
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not a bad analogy, but since twitter users are trending to be in the 30-50 year old range it doesn't really hold, although people in that age group can be just as fickle.
i think there will always be some form of social networking with us now, although the indivdual sites/companies themselves will be born and die as fast as fruit flies.