Hoverspot

The Next MySpace Could Be A Cluster Bomb

By Jason Lee Miller - Mon, 07/23/2007 - 5:29pm.

The rise of the social network has caused the rise of other, perhaps predictable, things: copycat networks; and investor curiosity. Blame MySpace and Facebook. Blame (or congratulate) Hi5, known, apparently, everywhere but the US, for extracting $20 million out of venture capitalists.

News Tags: User Generated Content, Hoverspot, Web 2.0, social networking, facebook, Lightspeed, Niche Marketing, Niche, Hi5, Network, YouTube, VampireFreaks.com, MySpace, Jeremy Liew, Bebo

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