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    The Secret Shame of Social Networking: How Silicon Valley Got Hooked on Scammers

    RockYou diving deeper into social games

    Kleiner Perkins plunges into Web 2.0 far too late with Zynga's $29 million round

    read more: #socialnetworks, #zynga, #facebook, #fredwilson, #myspace, #venturecapital, #valleywag

    MySpace platform less annoying, less effective than Facebook's

    Looking after his investment in online gamemaker Zynga, VC blogger Fred Wilson reports that applications on MySpace's platform "are not taking off in quite the same velocity that Facebook apps did." He blames MySpace's lack of "viral channels" — code for spamming tools.

    You can't invite via MySpace.You can't notify via MySpace. So these apps are spreading by less effective means than the Facebook apps did.
    WIlson's screenshots of the top 10 apps and their stats in MySpace versus Facebook, below.


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