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Japan Web site Mixi shares make high-flying debut [asia.news.yahoo.com]
Mixi's users have quintupled since August of last year, with 5.7 million people using it to chat, post blogs and create message boards to communicate with people who share similar interests -- much like the MySpace.com site in the United States.
It raised $93 million in its initial public offering and Kasahara said he wants to use the funds to keep the company's competitive edge.
I use it, but I don't like it. I think they have no clue about web2.0. They are way too closed. This makes them vulnerable, I believe.
Also, as a person doing business on the web, I think there advertisement prices are outrageous. Even under best conditions, their CPM is around 20€ IIRC. That is absolutely laughable and only somebody with no clue will advertise with them, I would assume.
Good to hear from you again Rolf.
When you say it's too closed, do you mean it's too difficult to get in as a member? In what way is it closed?
web2.0 is all about user-generated content (and being in constant beta ;-)) Content should be reusable and accessible via API. There is no way to use mixi without becoming a member. You cannot publish your diary to non-members and include it in your blog. You cannot access mixi groups as a non-member. Those are examples of what I mean.
Have you noticed any improvements since the IPO?
Well, I noticed that they now include a AJAXy-type memo field where you can scribble down stuff about your contacts. IOW, looks to me just like the cosmetic bull#*$! everybody is doing these days. I am quite sure these people have no idea about web2.0
[edited by: Leggewie at 8:36 pm (utc) on Sep. 29, 2006]
It does sound a bit restrictive for my tastes, but I've not been too active on these sorts of social networking sites to begin with...