Back in the day AT&T was the place where most cool but failed technologies ended up. Go Computing? Then it was AOL, which become the favorite bank to tap for Internet products that were on their way down. Looks like NBC is the new retirement home for the web properties with dubious record of success. The news of NBC buying Tribe.com, first reported by ValleyWag, and confirmed today by Paid Content lets me to believe that is the case.
NBC, which spent close to $600 million buying up iVillage hasn’t really been all that successful on the Internet. They did a search engine (and I don’t even remember its name), got into ecommerce and well they are still nowhere. Now they want to get on to the social networking bandwagon. Yeah – like that’s going to work!