menéame

menéame is a website made for users to share and find content found on the Internet. It works by having the users submit links and stories, and voting and commeting on the submitted links. The number of votes submitted determines whether a specific story or link makes it to the front page. However, content can also be accessed through a search function and content categories. So, basically it is the Spanish form of what many of us already know as Digg.

menéame basically was first developed as a clone of Digg. It was not started up as a business venture but rather as a small project. However, it has become a phenomenon! In a few months after its launch it became a hit and within a few months it was getting more than 200,000 visits a day. It has become so much of a phenomenon that people in the Spanish Internet business would refer to any fast growing Internet venture as characterized with having the menéame effect.

Now it has been a little bit more than 3 years that menéame has been created and it has continued to maintain its poularity. However, it has still not managed to become the kind of financial success that many would expect it to be as a result of its popularity. Many factors come into play and some of them can be used to justify such disappointing financial results.

We have had a quick discussion about the case of menéame in class and we are going to be thinking out what is it that menéame can do to become more financially successful than it currently is...

An anlaysis of menéame's current state and suggestions on what it can do is the new project that I happily have on my plate and here is where you will get to know all about it...

So, stay tuned!