David vs. Murdoch er …. Goliath.

20 thoughts on “David vs. Murdoch er …. Goliath.”

  1. there you have it from someone that probably wasn’t a social influencer growing up. going to college is about change and kids will leave myyearbook behind without giving a 2nd thought to the time or effort they have invested. it might be “sweet” for 9th grade but it’ll be “whack” in college!

  2. Your point is well taken, but it’s not mutually exclusive to my thesis. Success in migration will all depend on how well myYearbook develops and executes on its “college level” service. And as long as myYearbook enables dramatic transitions between life-stages with high degree of freedom, the kids will see value in maintaining and evolving their digital life in one place/service.

  3. Facebook recently jumped into the high school scene, so I think they can pull their influences into that genre as well. It seems to me that Facebook’s infrastructure and user experience are much more refined than myYearbook, and to me I think that could also say a lot about how refined each of their business models could be.

  4. Honestly, I feel like that’s the name of the game. Teenagers are fickle by nature. That’s why teenager products always need to be reinvented and updated (think about the sidekick phone). Even if Facebook makes a play, it will follow a similar lifecycle to MySpace unless it truly innovates.

  5. Facebook is the most likely to succeed out of this whole Social Network sphere. They are actually more of a social directory than a social network. So why do I say this? Simple, because Facebook has more utility than novelty. Facebook provides a service that allows college students to keep in contact with old friends, find students in their courses, and look up contact information immediately. Of course Facebook provides novelty like poking and sometimes weird/funny groups too, but at the end of the day utility outweighs novelty on Facebook. If a site is built upon novelty like myspace mostly is and myyearbook, they can be replaced every few years in a cycle. This is most often reflected in the real world, the same way a hot nightclub in Miami just loses its steam and goes out of business (Also, see OM’s paris hilton factor). Along with this great utility aspect, Facebook does provide a VERY simple layout. Now, if myyearbook works on their utility aspect by making it a real tool that can’t just be replaced, along with cleaning up their design, then facebook might just have one hell of a fight.

    -Jason L. Baptiste

  6. Look, this myyearbook boondoggle is getting out of hand.

    These kids did not launch a succesful social network by any means. The site simply took over another domain name that had a lot of traffic already by doing dating/”what kind of person am I” tests.

    If you look at the wikipedia entry, you can see that it “merged” with zenhex.
    http://en.wikipedia.org/wiki/MyYearbook.com

    If you look at the traffic, you can see that the switchover from zenhex to myyearbook did not dramatically increase traffic. And given that there a lot more pages to look at on myyearbook than zenhex, if the number of users stayed consistent, traffic should have gone up more than this.

    Anyone that has anything to say about myyearbook should really look at this graph first:

    http://www.alexa.com/data/details/trafficdetails?&range=1y&size=medium&comparesites=myyearbook.com&y=r&url=zenhex.com#top

    When you take into account all of the mainstream press myyearbook has gotten, it is clear that the real traffic growth from real users has been a dramatic failure. Look at all of the people linking to them. Where is the real usage on there?

    So let’s see, they switched a succesful site to a crappy social network and their real traffic went down. And people are suggesting they can take down MySpace and Facebook. Ha.

    I think this is a perfect example of reporters/pundits that are too old to “get it” knowing that they don’t “get it” and just buying into the hype without digging too deep. Could a wireless networking startup get away with this kind of crap?

    So the moral of the story is: build a succesful site doing something simple that people will like, such as free dating tests. Them find a hot/flavor of the month space to get into, and switch the domain name to point from the original site to the new one. Your alexa for the new site will go through the roof and you will hoodwink a lot of people that should know better.

  7. I wanted to clarify the record with respect to myYearbook growth, which has organically grown (not counting any acquisitions) 1,000% in new users per day since the start of the school year.

    I am one of the bigger myYearbook “kids” — age 27 🙂 and the founder of EssayEdge.com and ResumeEdge.com which I sold to Thomson before leaving in May to focus on myYearbook.

    myYearbook.com new user growth has been dramatic. This chart separates myYearbook vs. Zenhex new user growth:

    http://www.myyearbook.com/images/new-user-chart.gif

    Two things are obvious from this chart. First, Zenhex was getting 500 new users per day and was flat. Second, myYearbook is now up to about 5,000 new users per day (or 1,000% growth since the start of the school year).

    On the pageview side, myYearbook bought Zenhex when Zenhex was receiving 1M pageviews a day. myYearbook now has between 4 – 5M pageviews a day, up from 100,000 PVs a day at the start of the school year before it began expanding beyond the founders high schools in August.

    I would also add that Alexa is well known for not measuring teen traffic correctly (or any population that does not download the Alexa toolbar in numbers proportionate to other populations).

    Media Metrix, however, shows a myYearbook growth rate December vs. November of 44% (both months after Zenhex integration and thus worthy of comparison) among 13 – 17 year olds and 18 – 21 year olds.

    During this same period of 44% myYearbook growth, it is notable that Facebook experienced 9% shrinkage at the high school population.

    This Media Metrix report makes that clear:
    http://www.imediaconnection.com/content/8214.asp

    Moreover, the VCs and others who have taken a close look at myYearbook have taken this chart http://www.myyearbook.com/images/new-user-chart.gif as evidence of the success of the yearbook console, not the opposite.

    Geoff Cook
    gcook@myyearbook.com

  8. To “anonymous” who raised the Zenhex deal:

    You are half right, and half wrong. When myYearbook integrated Zenhex, of course it spiked traffic… that’s the whole point of doing such a deal. Smart move in my book.

    That said, their traffic and new signups have grown materially since then. You should know better than to trust Alexa data for any site that has less than 5 MM UV/month, especially for a site that targets the teen demo (they don’t use Alexa toolbars). Also noteworthy is the fact that most of myYearbook’s growth can be attributed to MySpace defectors.

    Let me also respond to the excellent comments about Facebook. IMO, Facebook is indeed a great service that has very successfully cornered their market. Consequently, and in the long run, I consider Facebook to be more of a challenge to an upstart like myYearbook than even MySpace.

    But at the end of day, you gotta admire myYearbook for having gotten this far with only $250k of financing, particularly in the context of heavily VC-backed Facebook and media mogul-backed MySpace.

  9. To start with here is a fixed link to the 1 year graph comparing zenhex to myyearbook:
    http://tinyurl.com/p7k5f

    Notice that myyearbook has literally zero traffic before and the curve between the 2 switches perfectly.

    Ok Robert,

    So of course the zenhex deal was a smart move, but my point is that it is all smoke and mirrors. If you look at the marketing for myYearbook there was no mention of the fact they pointed an already succesful domain name at it. They had the alexa graph plastered all over the place, and every single article I have seen about them mentions alexa. The fact that they (and you since you have linked to it before) throw alexa all over the place is what made me look at it to start with.

    Also, I believe your logic is flawed about the toolbar usage. Zenhex was 100% a teen centric site. Go and look in the google cache. If I grant your assertion that alexa under-represents teens because they don’t install the toolbar, then why would moving from one teen-centric site to another teen-centric site change the relative representiveness of the data? It is an apples to apples comparison, and shows flatline growth at best.

    And actually you bring up an even stronger part to the “there is no story here” element because the kind of people that read GigaOm and BusinessWeek etc. do have the alexa toolbar. Those are all the people that have been clicking through and messing around with the site when things like this get posted. Also, they were also on the front page of alexa for movers and shakers, which gets tons of clickthroughs and doesnt hurt your alexa ranking.

    The point is that there are real myspace/facebook competitors with real traffic. myyearbook is not one of them. I’m tired of seeing their ethically challenged marketing & fund-raising strategy in my news reader.

  10. I wanted to clarify the record with respect to myYearbook growth, which has organically grown (not counting any acquisitions) 1,000% in new users per day since the start of the school year.

    I am one of the bigger myYearbook “kids” — age 27 🙂 and the founder of EssayEdge.com and ResumeEdge.com which I sold to Thomson before leaving in May to focus on myYearbook.

    myYearbook.com new user growth has been dramatic. This chart separates myYearbook vs. Zenhex new user growth:

    http://www.myyearbook.com/images/new-user-chart.gif

    Two things are obvious from this chart. First, Zenhex was getting 500 new users per day and was flat. Second, myYearbook is now up to about 5,000 new users per day (or 1,000% growth since the start of the school year).

    On the pageview side, myYearbook bought Zenhex when Zenhex was receiving 1M pageviews a day. myYearbook now has between 4 – 5M pageviews a day, up from 100,000 PVs a day at the start of the school year before it began expanding beyond the founders high schools in August.

    I would also add that Alexa is well known for not measuring teen traffic correctly (or any population that does not download the Alexa toolbar in numbers proportionate to other populations).

    Media Metrix, however, shows a myYearbook growth rate December vs. November of 44% (both months after Zenhex integration and thus worthy of comparison) among 13 – 17 year olds and 18 – 21 year olds.

    During this same period of 44% myYearbook growth, it is notable that Facebook experienced 9% shrinkage at the high school population.

    This Media Metrix report makes that clear:
    http://www.imediaconnection.com/content/8214.asp

    Moreover, the VCs and others who have taken a close look at myYearbook have taken this chart http://www.myyearbook.com/images/new-user-chart.gif as evidence of the success of the yearbook console, not the opposite.

    Geoff Cook

  11. The scary thing I see from myYearbook is how easily it can turn into a vehicle for Tremor or another teen targeted marketing firm – one that might not be totally forthright or transparent.

    As for The Facebook owning the space, I don’t see that happening. While MySpace might be too cool for school, blah, blah – they still get it better than The Facebook does. I speak to that demographic and it’s more of the opposite – The Facebook is too cool for itself, like a sorority or fraternity that’s exclusive.

  12. These sites are like bars, one year they are crowded and have a great atmosphere, everyone goes there and it’s the ‘in’ place to be. Next year, they’re just last years bar.
    Some places will be popular for a long, long time, but if you’ve ever been in the bar industry, you’ll know it’s hard to predict which ones.
    Ogres are like onions, Donkey…

  13. I took a look at myYearbook, and it’s interesting. I could potentially see it ousting Facebook in the long-term, but one thing it would need to change is the kiddie-like image it’s projecting. College freshman don’t want to be thought of as childish. Facebook has a more ‘mature’ look (a little too spartan and monochromatic if you ask me) and Myspace is much more flexible. Some people have myspace pages with skulls and demons and others have flowers and happy bluebells. From a functionality standpoint myYearbook has some points, but I don’t think the other social net sites couldn’t easily add most of those features, and will have to in order to compete.

    People who look at this phenomenon think Friendster’s nascent death was due to fickleness of teens. The fact is it was way behind on features and to exacerbate the problem it couldn’t keep up with traffic and was always busy. If Flickr had the same problems a competitor would take over and no one would talk about fickleness. If Myspace can keep up with everything they’re sitting on a potential goldmine. That said, they really need to do something to stop some of the spam that is overrunning their mail servers, and they really need to add more useful features. But I think for myspace, hosting bands is the ‘killer app’ of social networking sites. Only Myspace and Tagworld have it, and Tagworld, while promising, seems to be languishing in me-too land.

    The way people want to see Myspace taken down kind of reminds me of the media’s ‘iPod killer’ frenzy back in the day. Face facts, it’s going to take a lot of effort to upend its market traction.

  14. So some here are arguing that its the tools that will catapult myyearbook to the front because its sticking into people’s minds while others say its the flexibility (the one advantage people here keep saying is going for myspace). I think that alot of people who read this site really don’t get teens (myself included to some extent).
    So who is gonna win this whole attention battle with the kids? I don’t know, but myyearbook doesn’t seem to be it to me (can’t put my finger on it, but it doesn’t seem to have people locked in). I do have to give those two teens who set it up credit, they’ve gotten quite alot of buzz in the last 12 months from their creation.

  15. Those numbers are misleading. Of course MyYearBook grew percentage-wise more than than its competitors, because MyYearBook is tiny, and hardly anyone is using it. Myspace has 60 million users, MyYearBook has less than 500,000. A 9% growth rate for MySpace for outpaces a 44% growth rate for MyYearBook. Do the math.

    What’s worse, MyYearBook’s supposed growth is the result of their advertising impressions, not real usage.

    Look at these numbers from February’s Media Metrix:

    XANGA: uniques: 7,246 pageviews: 824mm
    HI5.COM uniques: 2,352 pageviews: 294MM
    MYYEARBOOK.COM uniques: 2,695 pageviews: 55MM
    TAGGED.COM uniques: 1,678 pageviews: 354MM

    Why do competitor sites all have WAY more page views than uniques? Why does Tagged.com, in particular have more pageviews than MyYearBook even though they have a million less user for the month? Because all of MyYearBook’s Growth is ADVERTISING – page views from the one click to see what it is, not real users that sign up and come back to the site.

    Ask any teenager–they’ve never heard of MyYearBook. If they have, it’s only because MyYearBook is now advertising on ancillary MySpace sites with ads that say “Tired of MySpace? Check out MyYearBook.” That’s why there traffic has seen a slight spike this month – not because people are using it, but because they’re advertising it.

    All the kids are on MySpace and they’re not going to leave without a real reason.

    The idea that “social networks” are “cool hangouts” that come & go is also false. It’s a common sense response, but it doesn’t sit well with the facts . Friendster (the one always given as an example) never had more than 1.5 million US users at its height of traffic, according to Comscore Media Metrix. MySpace, on the other hand, has 38 million visitors this month. MySpace overtaking Friendster was possible is that FRIENDSTER was never that big. Friendster was all Silicon Valley Investor hype even when it had only 1 million US users. MySpace, on the other hand, didn’t see a speck of press until Newscorp bought them out they’d been the underground secret – a site that people were actually using, but no one was paying attention to. We don’t have any evidence that a site like MySpace – a site with 38 million unique users is going to suddenly drop off the map like Friendster did. MySpace is the second largest site in the US in terms of page views (23,566 MM). Only Yahoo is bigger (29,508 MM).

  16. If you look at the current (longterm) graph of myyearbook, you will see an significant growth trend over a long enough period to recognize that it is not a fluke. I believe the initial dip in traffic in the year after the transition was due to the way traffic linked in and to domain change issues.
    Myyearbook as not yet got that spike that would give it terminal velocity up towards the really big player social networks, but as far as I can tell, everything is in place, and one simple (however unpredictable these things are) fad-like surge or mention in popular media (or perhaps controversy, as these things some times go), and it will be done.
    Then again, that may not happen. It’s always hard to say.

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