My daily readings 01/24/2011

  • tags: facebook

    • But acquiring innovating emerging web services is not the only thing that big companies do that can be detrimental to the web. Worse is competing head on with them. Look at Facebook. They have ripped off Twitter, Foursquare, Quora, and many more small innovative startups. They haven’t “killed” any of these companies but they have muddled the market and caused users to have to make choices that may turn out to be the wrong choices for them.
    • He is both right and wrong on this.

      Right, for the present: Quora is special because of who is there, not what, and there is an upper limit to the success of a fan-club.

      But he is wrong in the long term, or could be wrong, if Quora adapts and allows the rest of the world to create their own fan-club universes. If it goes on to inspire communities from different backgrounds, fields, industries and specialties, then yes, Quora can become “Stack Exchange” + resident celebrity monks + Wikipedia.

    • Quora isn’t going to be a Facebook or a Twitter. It is not likely to even catch up with the current market leaders in the Q&A space— and Yahoo! Answers (which both get more than 40 million unique visitors a month, compared with Quora’s meager 150,000). Unlike Facebook, where everyone socializes, and Twitter, where ordinary people tell their friends what they are thinking, a Quora-like tool is only for those who want to learn what their intellectual peers are saying on, or to research, a particular topic.  This is for the tech types—who dabble in technology and dream about things like startups and funding.
    • What is more likely to happen and makes far more sense is that a new generation of private, gated communities will grow and evolve.  This is where people with common interests will gather and exchange ideas.  For example, for people seeking legal advice, there is LawPivot, and for businesses looking for experts, there is Focus.   For techies, there are sites like StackOverflow, Slashdot, Hacker News; for children, there is Togetherville; for business students, there is PoetsandQuants; for entrepreneurs in India, there is StartupQnA; for Indian accountants, there is CAClubIndia; and China has its own groups, and so do many other countries.  Why do the Silicon Valley elite believe that everyone will flock to a U.S.-based tech site like Quora?

Posted from Diigo. The rest of my favorite links are here.

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