Niche Social Networks As A Viable Business Model

Yesterday, Marshall Kirkpatrick wrote an interesting article about the seemingly infinite niche social networking space. I have to say that I mostly agree with what Marshall is suggesting. One after the other, we hear about yet another social network that launches. There are so many, I think we should add YASN as an acronym for “Yet Another Social Network.” Every day we see a number of them launch with a Mashable or Techcrunch posting. One newspaper after another launches one and commercial brands are launching their own social networks as well.