The Ease of Launching Community website
An online community website has extremely low cost to launch. One requires only to identify an area where people suffer who are willing to collaborate and pay small amount of money to get information. You may lunch one by yourself, and launch another by acquiring the existing another website.
Acquiring Strategies
There are a lot of mediocre community website on the Internet. Some of these are funded by venture capital who granted the money for the startup. The venture capital does not want to sale the average website for lower price. If you own a great community website, you might offer a stock trade. Give them a small portion of stock, and ask for a large share on their website. They will be delighted to do so, as they can get rid of the poor website, even if gaining only a little bit of your website. Then, you can restructure and transform the poor website into a great one.
Source: Social Network Business Model by David Silver, Chapter 4.
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