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Published on January 5th, 2008 | by Tod Whipple

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Monster.com pays $61 million to join social networking craze


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Monster has plunged into social networking like fellow bellwether Cisco (Tribe.net and Five Across social acquisitions). Affinity labs was purchased for $61 million cash and has a number of specialized social sites. The vertical social networking trend seems to continue, however the fate of these vertical social networks it still unknown and traffic opinions vary widely from a low of 500K uniques a month to over a million.

Let’s hope the trend (and advertising dollars) continue as StartupAddict 2.0 gets ready for final launch.

Om has the full scoop.  


About the Author

A serial entrepreneur. Founder of Startup Addict. Commercial Real Estate Expert. Technology Ninja. Movie & television producer. Lover of all things Business. He has a Black Belt in "Keep'in it Real". Connect with Tod on LinkedIn or follow him at @todwhipple or @startupaddict.



One Response to Monster.com pays $61 million to join social networking craze

  1. Pingback: Web 2.0 is over | Startup Addict Musings

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