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Venture Capital
by tj on January 7, 2007

The deal is rumored to be worth between EUR 80 and EUR 100 million depending on which sources you rely on.
While StudiVZ was not the only Facebook clone it, it has gotten critical mass - something hardly any other Social Networking company in Germany got. Early 2004 saw the first clones of Friendster and later that year a Facebook clone. Also OpenBC started in 2003 largely inspired by LinkedIN.
As it is often in good old Germany things take way longer to attract a critical mass. However once the critical mass has formed there is very often just one real player in the market and almost earns a monopoly rent on its operations. Such success stories include alando.de/ ebay.de, openBC and now StudiVZ.
I wonder who will be Germany's Youtube?
Permalink: StudiVZ sells to Holtzbrinck
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/48451
Mr Wong
Vote for StudiVZ sells to Holtzbrinck:
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Rating: 10.00 out of 1 vote(s) cast.
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Response from:
Michael
(01/15/07 12:26am)
I think Holtzbrinck didn't pay too much for this site. StudiVZ is by far the biggest student community in Germany. And it should be easy to make money out of this community.
Response from:
TJ
(01/18/07 10:56am)
Michael,
thanks for your comment!
As it is with community your audience is fickle and can show up at the next service quickly as it happened with Friendster/ Mysspace.
Also you never know if you can monetize it as well as planned.
But certainly I appreciate the investment Holtzbrinck is doing here - there should be more and bolder bets on Web 2.0 in Germany.
thanks for your comment!
As it is with community your audience is fickle and can show up at the next service quickly as it happened with Friendster/ Mysspace.
Also you never know if you can monetize it as well as planned.
But certainly I appreciate the investment Holtzbrinck is doing here - there should be more and bolder bets on Web 2.0 in Germany.
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