Where Are The Web 2.0 Audits?

from the just-wondering dept

Want to start a business that is desperately needed? Get into the Web 2.0 auditing business (or perhaps that's Auditing 2.0). Just as with the last bubble, it's reached the point that you can't trust any of the numbers that are being floated concerning today's popular sites. Of course, we've covered repeatedly how questionable the valuations being tossed around are, but to support those bogus numbers, it seems that there are all sorts of other bogus numbers being thrown around as well. Last month there were questions about how much traffic some of these sites were really getting. Yesterday, there was a big discussion about how MySpace's user numbers were inflated, and today Nicholas quixote writes in to alert us to his own look at how YouTube's numbers are inflated as well. In fact, it appears he's got a blog noting plenty of irregularities in YouTube data, that suggests that plenty of people are gaming the system to get their videos to the tops of various lists -- grossly inflating the real number of visitors to YouTube (perhaps that explains why Comscore finds YouTube a bit further down the list than other video sites).

Either way, though, it seems like this is yet another page out of the Skype play book. We've already noted how some of these sites have tried to play the rumor game in the press to make some big, dumb companies think they're worth a lot more than they really are. However, remember, that Skype was also a master of making their user numbers look a hell of a lot better than they really were. They talked about the number of downloads, even though plenty of people had downloaded the app more than once. Sometimes they'd talk about the number of registered users, but not active users. It looks like others are now doing the same thing. In order to support crazy valuations, it's good to have good looking numbers, even if they're not supported by reality. That's why MySpace was designed to inflate page views. While all of these sites may not be so interested in an auditing service, it seems like on the "buyer" (and advertiser) side, there should be plenty of demand for a better auditing system of users and traffic on some of these sites.


Reader Comments (rss)

(Flattened / Threaded)

  1.  
    identicon
    Donald Duck, Sep 28th, 2006 @ 6:02pm

    Web 2.0

    Just another phishing trip...using higher tech?

     

    reply to this | link to this | view in thread ]

  2.  
    identicon
    Specialk, Sep 28th, 2006 @ 10:12pm

    Irradicate the others...

    I think the Auditing 2.0 should do more than that.

    Before it even gets down to the nitty-gritty, the millions of sites that claim to be Web 2.0 or just use that as a ploy to get people to come need to filtered out and branded as such. ("A Web 2.0 Wanna Be") Is it just about flashy, no pun intended, websites? or is there something more?

    -specialk

     

    reply to this | link to this | view in thread ]

  3.  
    identicon
    VPR, Sep 28th, 2006 @ 10:46pm

    MySpace Web2.0? Are you serious? They can't even make it HTML 4.01 compliant!

     

    reply to this | link to this | view in thread ]

  4.  
    identicon
    Link Parikh, Oct 11th, 2006 @ 3:28pm

    valuation

    So would you please give me any kind of round number of the value per head (pair of eyeballs on a public website such as YouTube). I am shooting for 500,000 pairs of unique eyeballs.

    Thanks for your time.

     

    reply to this | link to this | view in thread ]

  5.  
    icon
    lrobbo (profile), May 30th, 2012 @ 12:59pm

    We thought this was bad 6 years ago, take a look now!

     

    reply to this | link to this | view in thread ]


Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Save me a cookie
  • Note: A CRLF will be replaced by a break tag (<br>), all other allowable HTML will remain intact
  • Allowed HTML Tags: <b> <i> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Follow Techdirt
A word from our sponsors...
Essential Reading
Techdirt Reading List
Techdirt Insider Chat
A word from our sponsors...
Recent Stories
A word from our sponsors...

Close

Email This