The (Social) Network Reloaded

As if the umpteen social networking startups weren’t enough, now established companies are getting into the act. Monster just announced that it will be launching a networking service, led by the former CEO of Classmates.com. Presumable they said to themselves, “Hey, if most people find jobs through networking, and we’re a jobs site, then why not do networking as well?” I’m sure that the hype and torrents of VC cash had nothing to do with it.

The only question is, when is IdeaLab! going to get into the act?