Andrew's Clog

Clients of Ning are outraged over a  decision that Ning made public last week. The software maker sent out an email to all of its clients, those who have created a social network on Ning, stating that they would email all members of all websites who use the Ning software to promote the newly designed Ning.com.

There’s a theory that Ning’s actions are part of a carefully planned scam to make the company the next MySpace or Facebook. Instead of spending millions of dollars advertising and gathering enough members to compete with MySpace or Facebook, why not create a social network platform and rely on the ambition of thousands of other network creators to up  build membership. When the time is right,  simply take all of those members and combine them into one super-site, Ning.com. The structure that Ning has set up is somewhat like a pyramid scam. The thousands of network creators do all of the work, spend all of the money to benefit those at the very top. Read more at www.chartingstocks.net