Lightspeed

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

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