MappingTheWeb //

Yesterday, the fate of Cambrian House was sealed. After raising over $7 million, the Canadian crowdsourcing firm shut its doors after an unsuccessful attempt at a new round of financing. So what gave? Was it a lack of focus or poor management? Or was the model doomed to fail in the first place?

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In a short period of time, Facebook has established itself as one of the top social networks on the Internet. But this meteoric rise has hit a plateau. It’s hard to say why this has happened, but my guess is that Facebook applications are starting to have an adverse effect on the network.

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The frenzy days of web 2.0 are over. Thank God. With it, many of the buzz words parted, although some continue to linger. Among the lingering stragglers, “AJAX” continues to nab the spotlight from time to time. Its slickness and interactivity have been applauded by many, while others believe this technology is on the way out.

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When developing an idea into a full-blown business model, there is a fine line between optimism and irrational exuberance. It is important to embrace positive energy, but also maintain a level focus. Too often, start-ups acquire tunnel vision and fail to see the big picture. This clouded judgment can bring about catastrophic consequences.

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The following guest post was written by social media expert and blogger Steve Spalding. He can be found on the web at How To Split An Atom or History of Blogging.

The great thing about family is that you can always count on them.

They’re there for you when times are hard, when the chips are down, when you need support. Kind of like Social Media.

You can also count on them to fight, feud and frustrate you to no end. To be the thorn that your side has always been missing. Kind of like Social Media.

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