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The Top Social Networking Gems Hiding in the Shadow of Facebook

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After reviewing almost two hundred companies that claimed, in one way or another, to be a social network, we came away impressed with how many of them are thriving in Facebook's shadow. We found a significant number of companies that have found millions of users with small amounts of money. Check out Tuenti, deviantArt, GoodReads, Mendeley and Touch Local as examples of capital efficient companies.
Highlights
Our Favorite: Yammer
Most Likely to be Acquired: Netlog
Stealth Money Maker: CafeMom
Ready for IPO: Oak Pacific Interactive

Read this report to find our pick
of the 5 hot social networking start-ups.

Momentum Index Top 20 List

Here are the top 20 Social Networking companies ranked by Momentum Index with our take on each.

Rank Company Momentum Index Total Reported Fundraising Our Take
1 100.0 $835,700,000 We still have a couple high school friends who have never signed up for Facebook, but we have no way of knowing if they are alive.
2 95.0 $67,000,000 As of December 2009, 51 has over 2 billion registered users, More than 40 million login at least once a month. These users generate about 4.4 billion page view per day.
3 87.5 $14,947,520 OUR FAVORITE
Yammer has created 100,000 private social network for companies. They create business value, however, not dates.

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