The Rise of Social Media

Llewellyn Claasen, who co-founded incuBeta with me, has spent the past 18 months completing his masters degree in technology and has today launched his new blog – CorpV2.com in which he will focus on providing startups with better management practices, and exploring the many facets of the online world that has become a reality for most businesses.

His opening post is titled “The Impact of Network Effects on Online Technology Plays… Part 1″, and is a great prelude of many good things to come!

I have a bit of a rough week ahead, and will be spending 3 days attending (and presenting) at a University of Cape Town Course on what is in effect, Web 2.0, called Nomadic Markets. I’ll try to blog some of the material, if I can get permission.

Social Media is becoming the dominant topic, other than FaceBook, which is a subset. Last night, I found out about two of my best friends finally getting engaged – through my newsfeed on Facebook, about 30 minutes after they posted it. They didn’t even have a chance to call me and I knew about it… how our world is changing!

One of South Africa’s social media experts, Mike Stopforth, discussed the impact of Social Media on South Africa, with CNBC last month. Here is the YouTube clip:

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Vinny Lingham is an International Award winning Entrepreneur & Search Engine Marketer. He is currently CEO of Yola (formerly Synthasite), a Web 2.0 Startup.

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