Markus Frind, who runs a successful dating site, is usually pretty contrarian. So, it’s no surprise to see he says most social networks will fail.
I’m not sure I agree with all his data, but I do agree with his sentiment, with a qualifier. If “social network” is defined as a site that exists purely as a collection of friends and contacts. Think MySpace and Friendster, a place where there is nothing to do beyond socialize. Places that break my first rule of social Web sites will have a hard time sticking around.
The market for social sites that do something beyond connect people is virtually unlimited. Give me a reason to go to your site and then let me share the experience with others. We may be seeing the end of social networks, but it’s just the beginning of social Web sites.