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Sunday, September 16, 2007 

Vol. 3 No. 16

Social Networks and Web are Changing Everything: Part II

When My Favorite Author on Entrepreneurship and Finance Topics Writes a book on Social Networks and Communities You Know its Hot…


This is a quick follow-up on my last entry on social networks. Not only has there been quite a few articles since then in the Wall Street Journal featuring various companies or aspects in the field of social networks, but I recently found out that, David Silver, my favorite author on entrepreneurship, finance and VC topics just wrote and published a book on the topic, entitled, Smart Start-Ups: How Entrepreneurs and Corporations Can Profit by Starting Online Communities



Silver has been writing about entrepreneurship, business, venture capital and finance for over three decades, and has published over 30 books on these topics. In addition, he has his own angel capital firm Sante Fe Capital Group. I don’t think there is a more experienced, up to the minute, knowledgeable person on how to successfully identify and build a business around a market need or upcoming disruptive trend. So, of course as soon as I found out about the book, I bought it, and as is typical with one of Silver’s books, I’m about half way through and can’t put it down… [I can’t say I have every book Silver ever authored, but there is almost an entire shelf in a bookcase devoted to his publications and this one brings my collection to numbering in the middle “double digits”]

Silver’s insights on the phenomena of the impact and future growth and effect of social networking online and mobile communities are very enlightening, and help to crystallize in a much better and more researched way, the point I was trying to make in my last blog entry, as exemplified in the Marie Digby/YouTube ruse; indeed, that social networking is here to say, and the new paradigm changes everything.

Why does all this belong in a “Fleet-ing Thoughts focused blog? Because if the changes wrought by online and mobile communities are as broad and vast as I’m now sure they will be, they should in no small way affect all aspects of the automotive business as well, including fleet and remarketing.

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