FACEBOOK is quoted as being valued at $50 Billion! So everyone is scrambling to build copycat services or ad on projects, or linkages into and out from FACEBOOK.
Our own Public DataWeb systems are a Social Network with city centre locations providing Internet access and importantly direct access to our Websites that are CITY FOCUSED giving hot links to local services; our next services will be much more local population focused.
FACEBOOK creates associations of friends whilst ours connects local people with each other and with local services: the NEXT STEP FOR SOCIAL NETWORKING.
Our networking methods existed before FACEBOOK and can integrate with FACEBOOK upon our soon to be upgraded online network.
Our services are real world, and have physical attributes (Street PARASOL'S) + WEB PRESENCE.
So if the Bubble inflates and even bursts our strengths will remain.
Such bubbles are about investment and company value and not allways about the effect of the services.
Internet focused businesses should know about the FACEBOOK EFFECT I would recommend that anyone interested or concerned about the direction of the future movements in Internet ideas and their surrounding business paradigm and associated funding should read this book but first see this HUBPAGE about it: http://hubpages.com/hub/The-FACEBOOK-Effect
Other recent commentators on the FACEBOOK EFFECT:
The Reasoned Sceptic
Is The Online Social Network Sector Another Investment Bubble?
http://pra-blog.blogspot.com/2011/01/is-online-social-network-sector-another.htmlWarren Buffet FACEBOOK WARNING!
http://socialmediaworld.com/?p=1582
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