I'm heading to the Supernova conference next week if anyone else is going say hi…
So myspace is earning upwards of 18 million a month, bebo certainly earns far more per user then myspace and its rising fast. It seems that everyone and their dog wants to create a social network now that Online dating is facing negative growth. Dating sites like lavalife want to build a social network around interests, match.com experimented a few times and many others like tiny free sites are trying to bring in blogs, forums etc.
Half the dating sites are trying to become "social networks" unfortunately that doesn't work if your focus is dating you have to be one or the other. The other half are trying to become Niche players, but niche dating sites like black singles etc will just get overrun by the social networks once they get their infrastructure stable enough to upgrade their searches.
Seems yahoo offered facebook $1.4 billion and they turned it down because they wanted 2 Billion, They were making over a million a month less then a year after launch. These companies don't have much in the way of revenues but have HUGE valuations, I wonder how many big buyouts are going to happen as big media players want to buy their way into the market.