Month: July 2006

VALLEYWAG — July 2 — Tribe, the social network preferred by Bay Area hippies and ravers, may be a damsel in distress but NBC is swooping down to whisk Tribe to its castle in the media sky. NBC, the broadcast network, is in the process of acquiring Tribe Networks. A letter of intent has been signed.  A team will be visiting the Tribe offices soon to go through the basic steps of due diligence.

The full article was originally published at Valleywag, but is no longer available.

Mark Brooks: Here's the two year Alexa chart.  Tribe.net at ~1700 rank now.  I interviewed the CEO, Jan Gullet, back in May 2005. 

MBP — June 29 — Agency holding company Interpublic Group has finalized an agreement with Facebook. IPG will receive prime advertising space as well as consumer research from the site. IPG will acquire less than .05 percent of Facebook as part of the deal.  IPG has committed $10 million in advertising to Facebook. In June, Student Monitor, a student market researc firm, reported that 71% of college students consider Facebook.com an "in" thing, compared with 58% for MySpace. Facebook tied for second place with beer; iPods were first.