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Joyriding The Social Media Boom

Written by Khalid Al-Khames on January 29, 2008 – 1:16 am


Joining the web 2.0 social media boom that is plaguing the internet is something I never thought I’d even consider, especially with the stiff competition in extremely lucrative market. With sites like FaceBook.com estimated to be worth billions, social media websites have recently attracted the backing of global corporations such as Google.com.

Before you think I am going to start “BookFace.com” and attempt to steal a segment of the market (which would make everyone laugh rather loudly), I am not. After finding three successful websites that are quite simply, popular blogs, I have decided to attempt to do something similar.

I have a rather cool name and slogan too, something I just thought up and lukily the .com was available!

I’d really like to know what you think the future is for social media sites and where you see the market going in the next few years? Do you think older sites like MySpace will be pushed out by newer sites like FaceBook? With new ideas like Twitter being able to post notes on the move, what will the future be for letting people know what you are up too or where you are?

Good luck with your persuits,

Khalid.


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