Local Networking sites
Businessweek has an interesting article that discusses the success of small local networking websites, in markets where Facebook and MySpace are trying to get in.
A very interesting observation about the Dutch Market:
Hyves had 5.7 million unique visitors in November, compared with Facebook’s 585,000 and MySpace’s 566,000. And in October, nine months after MySpace announced a renewed focus on the Netherlands, the Beverly Hills (Calif.)-based site shut its Amsterdam office. MySpace found the landscape competitive and entered the country late, Derek Fehmers, who led MySpace’s operations in the region, told a Dutch news outlet.
