Also from Gene Detroyer...
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March 8, 2010
FROM RETAILWIRE:
Blippy.com is a social networking site that encourages people to see and discuss what their friends and others are buying on services such as iTunes, Netflix, eBay, Amazon, and more. What do you think about the appeal of Blippy.com?
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Blippy should be nothing more than a subset of another social site. How many different places must one deal with to get all the info they want to send or receive? If the Blippy service has value, Facebook, et al can and will implement the same info. In many categories they already do.
Social networking is a new industry and fragmentation is a natural development. However, following fragmentation will be consolidation. This industry is already in the hands of the big guys.