We’ve been struggling with the explosion of social networking software and our perception of its usefulness for a while. David Hornik from August Capital has a priceless post on the Churchill Club’s event last night called Blogging and Social Networking: Who Cares?
A brief except of the full post follows:
“Welcome blah blah blah relationship capital blah blah blah social contracts blah blah blah media businesses blah blah blah identify the rabid fans of the iPod blah blah blah utility media blah blah blah this is the future of the web blah blah blah RSS blah blah blah Spam blah blah blah killer app blah blah blah business model blah blah blah advertising model blah blah blah is this a product or a feature blah blah blah a feature doesn’t make a business blah blah blah leveraging relationships blah blah blah decentralized system blah blah blah privacy concerns blah blah blah profiling people blah blah blah social networking is blogging dumbed down for the masses blah blah blah…”
Thanks David – that was a good one.