Social Networking is back

They call it web 2.0. Lot of compaies are in this space. I could remember http://www.myspace.com, http://www.digg.com, google started http://www.orkut.com. also I think http://www.youtube.com to a certain extent. lot many are there I guess. somewhere I read the guy who founded digg.com made $60 Ml already.

I liked the concept. In fact I also put digg daily business news in my blog.