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An authority on the business of social networking
Recent Activity
SNW - Feb 10 - Moving forward we'll be focusing our attention and efforts on the Internet dating business. We've run since 2004, and love the iDating business. was started in 2006. Today we're ceasing our work on it. Our passion lays with the iDating business and we'll be focusing on that moving forward. Please comment here, or email me at Continue reading
Posted Feb 12, 2015 at Very Social Network
MASHABLE - Oct 2 - From the Budnitz Bicycles shop to Kidrobot designer toys, Paul Budnitz has been blessed and cursed with the compulsion to keep starting new projects. He describes the urge to create a new social network as a long time coming. He couldn't find the right bike for himself, so he built one. He couldn't find the right social network, so he built that too. Budnitz is also more than willing to admit that both of these companies, like most of his business ideas, seem unbelievably stupid early on. by Seth Fiegerman See full article at Mashable Continue reading
Posted Oct 6, 2014 at Very Social Network
TECH CRUNCH - July 24 - Following yesterday’s earnings report, Facebook shares hit an all-time high in after-hours trading at $75. Facebook’s market capitalization is now ~$190B, which is above Amazon’s market capitalization of $165B. by Romain Dillet See full article at Tech Crunch Continue reading
Posted Jul 27, 2014 at Very Social Network
TECH CRUNCH - June 18 - According to a witness statement by Charles Blandford Farr, Director General of the UK Office for Security and Counter-Terrorism. UK spy agencies could legally justify the mass harvesting of UK Internet users’ Facebook missives, tweets, YouTube and Google searches because those type of communications... Continue reading
Posted Jun 18, 2014 at As Naked As Possible
BOSTON HERALD - June 13 - Here are 5 reasons that privacy advocates need to calm down over Facebook. Users have more control than they think. They can see why they are being shown certain ads and change the info Facebook uses for ad targeting. Users are going to see... Continue reading
Posted Jun 16, 2014 at As Naked As Possible
THE INQUIRER - Mar 31 - Australia plans for a law to prevent invasion of privacy, which would include the recording of individuals without their express consent. The law could spell trouble for Google Glass as it is capable of recording video and audio without being obvious to those within... Continue reading
Posted Apr 2, 2014 at As Naked As Possible
CNN MONEY - Apr 1 - Weibo, the Chinese version of Twitter, will trade on the Nasdaq under the ticker WB. Weibo is looking to raise $500M by going public. Weibo pulled in $3M in operating profit during the last quarter of 2013, the first time it has been profitable. by Katie Lobosco See full article at CNN Money Continue reading
Posted Apr 2, 2014 at Very Social Network
STREET FIGHT MAG - Jan 16 - In a new report “The Future of Legacy Media”, research and consulting firm Borrell Associates has both good and bad news for old media (newspapers, TV, radio, magazines). Q: What would it take for old media to maintain their current dominance in local ad revenue? A: They should view their digital initiatives as new ventures instead of product extensions. Q: Could the newspaper industry ever have conceived of Craigslist? Free classifieds? A: This year, Craigslist will make ~$200M on what we suspect might be an 80% profit margin. So, the “surprise winners” will be legacy media companies whose owners are brave enough to incubate their own disrupters outside of the existing management circle. Q: How seriously will Twitter and FB disrupt ad spending shares in the local space? A: They’ll disrupt it, but they haven’t aggregated a particularly valuable audience. by Tom Grubisich See full article at Street Fight Mag See all posts on Craigslist Continue reading
Posted Jan 20, 2014 at Very Social Network
SNW - Dec 7 - Ray Kurzweil is Mr Future. He's been an incredible innovator, and author of some master works on future technology. This week I'm attending Singularity University at NASA, which was founded by Ray Kurzweil and Peter Diamandis and is taught by a who's who of future technologists. At some point in the future we'll create an intelligence greater than our own. That's 'the singularity.' That AI will go on to create an even greater AI...etc. Then, great things happen, or otherwise. I'll be soaking up the SU lectures and putting some thought into what the extreme future of Internet dating and social networking could and should be and will run these thoughts on SNW in February. Continue reading
Posted Dec 6, 2013 at Very Social Network
RT.COM - Nov 23 - Eric Schmidt, the executive chairman of Google predicted that the we can eliminate censorship in 10 years. Schmidt’s remarks were made months after a he embarked on a personal trip to North Korea, where he attempted to get people to try and see what a... Continue reading
Posted Nov 25, 2013 at As Naked As Possible