We’ve witnessed the rise (and fall) of a slew of new social networking sites in the last year who ‘ve been trying to capture the anticipated death of Yahoo360: yobanbe, tamtay,yume, yousecond, you name it.
I find it hard to get my hands dirty by joining these SNSs because I doubt if they will last any longer than Y!360. And from where I stand, Y!360 helped so much in defining a low-level, substandard way of how people expressed themselves and connected with each other on the web. It’s sad to see these start-ups repeating the mistakes. Can somebody please break the vicious circle?
IMO, Vietnamese developers are now capable of building such applications and can make a business out if those right away, unlike launching an SNS that goes half way through a success.
This is especially important because like I said earlier, an API provided by any of the local SNS was a no-no. So the only way to go about it is develop your own application(s) and start a company to sell it.
I haven’t seen any company doing this (maybe some are doing it) but competition is very little and first and foremost, you DON’T have to clone anyone or WAIT for several years to find away to make money.
Hope to see more of such start-ups coming in near future