TulipTools Internet Business Owners and Online Sellers Community

Quote:Social networks, mobile video and "Googlism" will continue to transform the Net in years ahead, Piper Jaffray analysts said Monday at the opening of its annual Global Internet Summit...

Growth opportunities within the market would be for niche communities targeted at middle-age or young Web surfers, Rashtchy said. For example, a host of family social networking sites have cropped up already. Rashtchy suggested that Yahoo and other portals may have to team with MySpace and others to attempt to direct their mounting influence among Web surfers...

Yet other panelists openly questioned how and if these companies make money, comparing the frothiness around social networks and video sites like YouTube.com to the height of the Internet bubble...