Its seems FB has one in the competiton for the socialnetwork space. Am I getting ahead of myself here? Perhaps, but with DST ventures putting in 800M dollars for a 10% stage the valuation is staggering. Does this mean its all over for the other socialnetworks?

Bebo is in decline and has been sold to a private firm for a fraction of its last sale price. Its finished it would seem and its unlikley to make back lost ground in critical mass. So where can it go apart from the wall? Well that is anyone’s guess.

Are we headed towards a single social network? Well er no, because there is always interest in this area like the diaspora idea, to give the indiviudal back their privacy which has hurt facebook in recent months.

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