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 <title>WAYN.COM - Media coverage</title>
 <link>http://www.wayn.com/press?article_type=C</link>
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 <pubDate>Mon, 02 Nov 2009 00:00:00 GMT</pubDate>
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  <title>African Innovators to share stage with global experts at E-Tourism Africa Summit</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/vKzFEnwkr3o/</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;Some of the world’s leading online tourism experts will be speaking at the &lt;span class="aptureLink " id="apture_prvw1"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=ET1w4l-g5KQ"&gt;E Tourism Africa Summit&lt;/a&gt;&lt;/span&gt; in Johannesburg, which is being sponsored by &lt;span class="aptureLink " id="apture_prvw4"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=2OC5_wJLxZU"&gt;Visa&lt;/a&gt;&lt;/span&gt; and &lt;span class="aptureLink " id="apture_prvw5"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=5L-tv_W10GQ"&gt;Vodacom Business&lt;/a&gt;&lt;/span&gt;. Global online giants such as &lt;span class="aptureLink" id="apture_prvw6"&gt;&lt;a class="aptureLink snap_noshots" target="_blank" href="http://www.tripadvisor.com/"&gt;Trip Advisor,&lt;/a&gt;&lt;/span&gt; &lt;span class="aptureLink " id="apture_prvw7"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=yPs0fpgLgks"&gt;Travelport&lt;/a&gt;&lt;/span&gt;, &lt;span class="aptureLink " id="apture_prvw8"&gt;&lt;span style="background-position: right -1349px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://en.wikipedia.org/wiki/Expedia"&gt;Expedia&lt;/a&gt;&lt;/span&gt; and Google will be giving presentations at the two day conference on the 1-2 December, on how Africa’s tourism sector can harness the potential of the web, especially in the lead up to the 2010 FIFA World Cup.&lt;/p&gt;&lt;/b&gt;&lt;/span&gt;&lt;/b&gt;
&lt;p&gt;The stellar line up of speakers includes Head of Tourism for Google Andrew Pozniak, Trip Advisor’s Head of Emerging Markets, Maude Larpant and leading Internet innovator &lt;span class="aptureLink " id="apture_prvw9"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=uSHm6_ubfn0"&gt;Jerome Touze&lt;/a&gt;&lt;/span&gt; – the co CEO and one of the Founders of WAYN.com – the world’s leading travel social network, which has over 15 million members.&lt;/p&gt;
&lt;p&gt;Touze spoke at last year’s E Tourism Southern African Conference and he has since worked with South Africa Tourism on a social media campaign called the “Face of South Africa”, which has been hugely successful, attracting over 5 million views and 20,000 applications for the competition.&lt;/p&gt;
&lt;p&gt;“We have achieved some amazing results through social media for South Africa Tourism and I am very pleased to be returning to Johannesburg to speak at the &lt;span class="aptureLink" id="apture_prvw10"&gt;&lt;a class="aptureLink snap_noshots" target="_blank" href="http://www.e-tourismafrica.com/"&gt;E Tourism Africa Summit&lt;/a&gt;&lt;/span&gt;. Its great to see much more awareness and understanding from Tourist Boards about the importance of the web and social media as a strong marketing tool”, said WAYN.com co-CEO Jerome Touze.&lt;/p&gt;
&lt;p&gt;&lt;span class="aptureLink " id="apture_prvw11"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=-n3bq4N4LC4"&gt;Damian Cook&lt;/a&gt;&lt;/span&gt;, the CEO of E Tourism Africa, said that alongside the international speakers at this year’s summit, there will also be an impressive number of Africa based companies and projects presenting new and innovative ways of promoting and selling Africa online.&lt;/p&gt;
&lt;p&gt;“Since our first conference in Johannesburg last year, we have seen major changes in the way African tourism companies and destinations are using the web. We have some amazing projects in our line up this year- including South African company – Wild Earth who stream game drives live to the world via vehicle mounted webcams and provide Twitter updates and interactions with viewers as they go”, said Cook.&lt;br&gt;
&lt;span class="aptureLink " id="apture_prvw12"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=C381ZKSTPJ0"&gt;&lt;br&gt;
Uganda Wildlife Authority&lt;/a&gt;&lt;/span&gt; will also be presenting at the summit. UWA recently made their population of endangered mountain gorillas members of Facebook, through the launch of Friend a Gorilla. The project, supported by a group of Hollywood celebrities, grabbed world headlines and garnered over 12,000 supporters in the first weeks of operation to both promote tourism and conservation in Uganda.&lt;/p&gt;
&lt;p&gt;Also presenting at the summit will be ecologist and author Dr. Paula Kahumbu – CEO of &lt;span class="aptureLink " id="apture_prvw13"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=3NVWZp-CHmA"&gt;Wildlife Direct&lt;/a&gt;&lt;/span&gt; who have created a blogging platform and social network for conservation projects that has seen donations of almost US $1 Million in recent months- Paula will be discussing how Tourism and Conservation can work together online.&lt;/p&gt;
&lt;p&gt;The E-Tourism Africa CEO summed up,  “African Travel companies have seen the success of tourist produced online viral videos such as the &lt;span class="aptureLink " id="apture_prvw14"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=LU8DDYz68kM"&gt;Battle of Kruger&lt;/a&gt;&lt;/span&gt;, which has been viewed by over 50 million people, and they are now creating platforms for user generated content, reviews and discussions of their products. More companies are also using Twitter and Facebook to develop strong networks of supporters and consumers.  One of our key messages is that the market now looks to their users for advice and content- and a great review or video posted by a user is marketing gold- it’s all in how you make use of that. The web has really made it easy for small players to use technology, creativity and innovation to make a big connection with global markets. And with the world’s spotlight on Africa next year with the &lt;span class="aptureLink " id="apture_prvw15"&gt;&lt;span style="background-position: right -1549px;" class="aptureLinkIcon"&gt; &lt;/span&gt;&lt;a class="aptureLink snap_noshots" href="http://www.youtube.com/watch?v=hjPazSFQrwA"&gt;2010 FIFA World Cup&lt;/a&gt;&lt;/span&gt;™, it is critical that tourism companies in South Africa and across Africa take advantage of online marketing opportunities. The E Tourism Africa Summit will show them how”, said Damian Cook.&lt;/p&gt;
&lt;p&gt;The E Tourism Africa Summit will be held in Johannesburg at the Gallagher Convention Centre – Midrand on the 1st-2nd December 2009.&lt;/p&gt;
&lt;p&gt;Registration for the E Tourism Africa Summit is open now – &lt;a rel="nofollow" href="http://www.e-tourismafrica.com" target="_blank"&gt;www.e-tourismafrica.com&lt;/a&gt;&lt;/p&gt;&lt;div class="feedflare"&gt;
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&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/vKzFEnwkr3o" height="1" width="1"/&gt;</description>
  <pubDate>Mon, 02 Nov 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.travelwires.com/wp/2009/11/african-innovators-to-share-stage-with-global-experts-at-e-tourism-africa-summit/</guid>
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 <item>
  <title>Dites-Moi, Pourquoi? </title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/1F4yZKe5sRY/ditesmoi_pourqu.html</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;Cornichon is in New York City this week for &lt;a href="http://us.maison-de-la-france.com/us/traveltrade/fa2009/site/exhibitors.html"&gt;French Affairs&lt;/a&gt;, an annual confab organized by the French Tourism Development Agency.&lt;/p&gt;&lt;/b&gt;Last year, in Chicago, when this was still called Maison de la France, the &lt;a href="http://www.cornichon.org/travel/four_reasons_to.html"&gt;big news&lt;/a&gt; was a promotional campaign called "Rendez-Vous in France." This year, they've reorganized. The Tourism Ministry no longer reports to Culture but to Finance. (Tourism is France's largest single generator of foreign revenue.) It has a new name: Atout France, which is a bit of a pun: &lt;em&gt;un atout &lt;/em&gt;in French is your trump card. (In English, on the other hand, a tout is a pretty unreliable guide.) So what are they thinking?&lt;br&gt;Confusingly, the &lt;a href="http://atoutfrance.com"&gt;atoutfrance.com&lt;/a&gt; website has nothing to do with the agency; the official site is &lt;a href="http://franceguide.com"&gt;franceguide.com&lt;/a&gt;. It's full of useful tidbits, even includes videos, Twitter and Facebook links, but suffers from information overload: too many destinations, too many ad banners, too many promotions, too many links to tour operators and suppliers. &lt;/p&gt;&lt;br&gt;And yet there's much to admire. France was the first country to target a wide variety of niche travel markets: gay &amp; lesbian, Jewish, religious, Hispanic, luxury, first-timers, retirees, French expats. Theme travel, too: culinary, wine, ski, spa, and so on. There's no comparable agency promoting the entire USA; individual companies (airlines, hotel chains, Disneyland destinations) and individual states and cities are expected to do their own marketing campaigns. The Sarkozy government pitched in to help France's embattled hospitality sector by cutting the VAT on restaurant meals by 75 percent, but hotel revenues, in the world's most visited country (77 million foreign tourists a year) are still down 13 percent. You get the feeling, with some 14,000 disparate events scheduled for 2010, that the whole country is scrambling.&lt;/p&gt;&lt;br&gt;Fewer Americans are heading to France, even though, in tough times, the preference is for the familiar vacation destination. Trouble is, the greenback is way down, worth only two-thirds of a euro. And the tour operators in attendance here, an older group, reflect the aging American traveler to France: over-50 repeat visitors. "The challenge is generational," says Patrice Doyon, Atout France's deputy director for strategy and research. "We have to make France attractive to younger people and first-tme visitors." &lt;/p&gt;&lt;br&gt;Which is why, at 8:30 in the morning, a roomful of mature adults are listening to the 29-year-old founder of &lt;a href="http://WAYN.com"&gt;WAYN.com&lt;/a&gt; (for "Where Are You Now?"), a Frenchman named Jérôme Touze, try to explain how social marketing works...and how it can help the tour operators build new business. Facebook use was up 217 percent last year; Twitter grew by 1,298 percent. It's a train the travel industry needs to ride.&lt;/p&gt;&lt;br&gt;&lt;p&gt;One hopes that the country which built an incomparable TGV network (to continue the railroad metaphor for a moment) wouldn't be left standing on the platform. But it's hard to change course when you've got those 77 million reasonably content visitors spendng all that money every year. Atout France needs more than an ace in the hole or a trump card up their sleeve to compete with the global recession and the effect of $100 a barrel oil prices on airlne tickets; they need to lose that French sense of entitlement.&lt;/p&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1F4yZKe5sRY:4AWeVPp_MIQ:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1F4yZKe5sRY:4AWeVPp_MIQ:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1F4yZKe5sRY:4AWeVPp_MIQ:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=1F4yZKe5sRY:4AWeVPp_MIQ:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1F4yZKe5sRY:4AWeVPp_MIQ:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1F4yZKe5sRY:4AWeVPp_MIQ:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1F4yZKe5sRY:4AWeVPp_MIQ:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=1F4yZKe5sRY:4AWeVPp_MIQ:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1F4yZKe5sRY:4AWeVPp_MIQ:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/1F4yZKe5sRY" height="1" width="1"/&gt;</description>
  <pubDate>Mon, 26 Oct 2009 00:00:00 GMT</pubDate>
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  <title>An exclusive with… Pete Ward, Co-Founder of WAYN.com</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/nlwA2Jysac8/</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;&lt;strong&gt;What is WAYN? &lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;WAYN is the fastest growing travel and lifestyle social networking community website. WAYN is present in 193 countries and membership has grown from 45,000 users in March 2005 to over 15 million today.   WAYN is all about connecting like-minded people and helping them to find each other, to meet, to share dreams and aspirations and to help them enhance their social status.  WAYN is not just about travel, it is about meeting people and having fun! &lt;/span&gt;&lt;/p&gt;&lt;/b&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;&lt;strong&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;Who are WAYN’s main competitors and how do you differentiate? &lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;It is an interesting one.  If you look in travel there are few travel social networks of any significant scale.  You have the niche utility sites such as Dopplr, TripIt and TravBuddy. Then you have mass market travel sites such as Expedia and TripAdvisor who recently bought Virtual Tourist (since it was bought it has really capitalised on Trip Advisor’s SEO and driven traffic).&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;In terms of other types of social networks, we also compete with Facebook (albeit not directly) as this does have the mindshare of people’s time on social networks.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Where we are different is in making new friends – 60% of users on WAYN say they use it to meet new friends and not just to connect with existing ones. &lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;&lt;strong&gt;T&lt;/strong&gt;&lt;/span&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;&lt;strong&gt;ell us about your business model – is ‘freemium’ the way forward?&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Freemium is definitely the way forward.  It just depends on what that means.  We came from a subscription background (following the advice of Steve Pankhurst from Friends Reunited) but when the market changed in 2005, we had to change in order to compete.  We did not think that our offering was sufficiently differentiated enough to justify people paying subscriptions.  At that time our revenues were 70% subscription and 30% advertising based.  Jumping to today, advertising is now the bulk – over 70% of our revenue is now from advertising.&lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Shifting our business model is the best thing that we could have done.  It allowed us to go from 1.8m uniques to 7.5m uniques.  It was a great way to grow audience.  It also forced us to learn about how to monetise using advertising – prior to the change we did not really understand what our clients wanted but now we truly know our client base and deliver real satisfaction.  We have great case studies to show companies in the lifestyle, leisure, travel space about how we genuinely drive traffic, improve conversions etc.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Going forwards, it is an interesting one.  We do believe that advertising allows scalability and it is a useful platform however we do not believe it is the ultimate answer.  We have recently refocused our efforts to create a new type of subscription offering called VIP.  This provides a premium extension to our existing service.  It provides subscribers with a combination of offline and online benefits such as browsing in secret, sending gifts, reduced entry to nightclubs etc.  So far the feedback has been really positive.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;&lt;strong&gt;We’d love to know how you initially took the concept from a piece of paper to an actual website…&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;The idea came from Jerome whilst he was on the Pacific Highway 101 in the US with friends.  He thought wouldn’t it be cool to be able to know where your mates are and connect with them etc.?  I had been doing a summer entrepreneurship course at LBS and when Pete told me the idea I thought it was great and could immediately see the value (unlike others he had told who thought it was a rubbish idea!).  Jerome and I had met previously at a social gathering for Accenture, our employer at the time.  We immediately brought in our other friend, Mike Lions, who is the tech brain and we started spending weekends and evenings over the next few months working on it. &lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Our day jobs were definitely not 9-5 so we were desperately trying to scribble notes on the way to work and do support queries in the evenings etc.  We used to meet at LBS and put ideas on whiteboards then send them to Mike who turned them into reality for the site. &lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;It was a real grass roots and bootstrapping approach.  At times we did question if it was worth it – we spent two years of our time not making any money from it.  That was tough. However in year one, we managed to get £10,000 from Steve Pankhurst and in year two we secured another £15,000.  It was not until year two that we discovered that Google ad words was the key to getting customers and we managed to get 45,000 customers.  In early 2005, we re-launched the site with web 2.0 features and other novel things and it was amazing – the site went from 45,000 to 1m members in six months.  Our next challenge was then about sustaining this growth.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;&lt;strong&gt;What was the toughest thing you faced in the early days?  What is the biggest challenge you now face years on?&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Our first challenge was growth – how do you manage growth?  We did not know about VCs or funding, we were just thinking about how do we keep this running?  We thought that if we blocked every country except for the UK and US from using the site we could limit usage – we really stifled a lot of growth at that point.  Also because we charged that limited a lot more usage and finally we also restricted the site to over 18s.  If we had known about the VC industry then and how taking some money would have helped our growth we would have done it very differently.  The VC industry is a good thing.&lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;The other challenge we faced was when we saw the market changing and we saw the rise of Facebook.  For us, the question was how do we respond?  We raised money and de-risked the business by taking some money off the table.  We then changed the business model – we essentially ripped the business model in half and had to start again!&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Now, our biggest challenge is how we constantly differentiate ourselves and compete in a very competitive market space.  Everyone is on Facebook and uses Twitter so we have to constantly redefine what people want.  We have to provide people with a reason to use WAYN.  We are just focused on helping people to connect, to have fun and to be able to share dreams, aspirations and experiences.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;&lt;strong&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;What are the pros and cons of the current market? &lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;The positive is that there is a lot of innovation in the market – people are trying new things and mobile is exploding.  Things such as Android have made it easier for developers to make applications etc.  The climate is providing a host of opportunities to take advantage of and there is a real buzz in the industry thanks to people like The Up Group and the Drink Tank boys etc.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;The downside for start-ups is the fact that it is difficult to raise money.  It is only possible if you have a proven monetisation model or you have a business with a great idea that is getting great traction. &lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;&lt;strong&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;How did you find raise initial financing and why did you take the investment that you did?&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;One of my biggest recommendations is to bootstrap as much as you can in the early stages and don’t give away too much equity too soon.  When you don’t have much cash like us in the early days it focuses your mind on what you can do  - so you just buy the server, you get a friend to do the graphic design and not an agency etc.  Don’t raise Series A too early.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;We raised our Series A in November 2006 – it was lead by DFJ Esprit who have been fantastic.  Nic Brisbourne is on our board and he is very supportive of the management team and works really collaboratively.  Brent Hoberman was our initial Chairman and is also an investor. We now have the befit of Simon Guild at the helm, who has been fantastic since day one. Simon used to run MTV across Europe, Middle East and Africa and achieved great success for MTV. We are very happy to now have him on board. David Soskin and Hugo Burge from HOWZAT Media (also Cheapflights) are also investors as are the co-founders of Active Hotels, Adrian Critchlow and Andy Phillipps.  Finally, we also have Constant Tedder on our board, the co-founder and managing director of Jagex Ltd, which runs RuneScape, the UK’s largest online multi-player game.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;The board are fantastic and all very relevant to the online, travel, gaming and entertainment space.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Steve Pankhurst of Friends Reunited was an original investor however he had to relinquish his shares due to the sale of Friends Reunited to ITV.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;&lt;strong&gt;Did the fact that you were both young first-time entrepreneurs mean it was even more difficult to get funding? &lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;No I don’t think it did.  I think it helped that we had work experience from a credible organisation like Accenture and it helped that we had grown our small investment to a £2m business already.  I think people take the view that the proof is in the pudding.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Brent had had unique experiences himself so I think he related.  As long as you show that you have the ability and that you are working on something novel and that there is a real opportunity then the VCs don’t care how old you are.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;&lt;strong&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;What is the biggest mistake you have made as a CEO? &lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;On of our biggest mistakes was trying to keep up with the Jones’s.  We naturally tried to emulate what players like Facebook were doing and apply it to WAYN.  We were trying to compete with something much bigger than we were and we were never going to win.  We tried to do too many things reasonably well.  We are learning from that now. Focus is key.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;&lt;strong&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;What do you think are the main ingredients of building the best team? &lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Attitude.  It is all about finding people who compliment your strengths.  Get the right people on the bus early.  Don’t be a lone ranger.  You have to be smart about who you hire and you have to put people through the mill – we try and create near to reality scenarios and see what people would really do.  When you find good people then look after them and incentivise them to do well.  We now have teams aboard and managing remotely is tough but you have to get the balance right with autonomy and empowerment – communication is the key.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(153, 204, 0);"&gt;&lt;strong&gt;What is hot in the start-up world right now?&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;I don’t have the time to scour TechCrunch and Twitter to see what new online start-ups are launching as otherwise I would not get any work done!  There are so many ideas but unfortunately many do not happen.  In the UK and Europe we should try and get behind start-ups like they do in the US more.&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;Spotify has created great traction and I wish them the best in capitalising on that momentum and just hope they can before the money could run out!&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;TweetDeck is another great idea and run by a great guy – it was a smart move to get PROfounders on board. &lt;/span&gt;&lt;/p&gt;

&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;I also very much rate the Huddle guys (Andy McLoughlin and Ali Mitchell) and there are some exceptional young entrepreneurs coming through the pack – too many to mention! &lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="color: rgb(102, 102, 102);"&gt;However, apart from that, nothing springs to mind that makes me really go “Wow – that’s going to be the next Google” at the moment in terms of new start-ups but I really do admire some of the more established start-ups that have managed to scale.  Seatwave is a great example – Joe Cohen has created real scale there. Lovefilm also. &lt;/span&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=nlwA2Jysac8:duh5EebYYI0:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=nlwA2Jysac8:duh5EebYYI0:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=nlwA2Jysac8:duh5EebYYI0:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=nlwA2Jysac8:duh5EebYYI0:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=nlwA2Jysac8:duh5EebYYI0:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=nlwA2Jysac8:duh5EebYYI0:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=nlwA2Jysac8:duh5EebYYI0:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=nlwA2Jysac8:duh5EebYYI0:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=nlwA2Jysac8:duh5EebYYI0:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/nlwA2Jysac8" height="1" width="1"/&gt;</description>
  <pubDate>Mon, 12 Oct 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://theupgroup.wordpress.com/2009/10/12/an-exclusive-with%E2%80%A6-pete-ward-co-founder-of-wayn-com/</guid>
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  <title>Stars To Take Heart For India At Roof Gardens</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/aT2HO5toNX4/3179-stars-to-take-heart-for-india-at-roof-gardens</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;&lt;p&gt;This year’s Take Heart Ball will be taking place at Kensington’s Roof Gardens in London tonight, 1 October.  The jungle fever themed fundraiser will again attract over 600 young socialites, including royalty, celebrities and budding entrepreneurs.&lt;/p&gt;&lt;/b&gt;
&lt;p&gt;Guests at last year’s event included &lt;a href="http://www.looktothestars.org/celebrity/1416-princess-beatrice"&gt;Princess Beatrice&lt;/a&gt;, &lt;a href="http://www.looktothestars.org/celebrity/1110-peaches-geldof"&gt;Peaches Geldof&lt;/a&gt; and Sam Branson, son of Sir &lt;a href="http://www.looktothestars.org/celebrity/243-richard-branson"&gt;Richard Branson&lt;/a&gt;, who is also a key member of the Take Heart Charity Committee.  This year the Roof Gardens will be transformed into an urban jungle: affluent Tarzans and glamorous Janes partying into the wee hours, the flash of wild animal print passing through the dark jungle foliage, off to claim their prey at the nearest bar.&lt;/p&gt;
&lt;p&gt;Charity Director and event organizer, Lucian Tarnowski, describes Take Heart as “a youth-focused, young charity that has a loyal supporters group of future business leaders.”  Take Heart, a purely voluntary charity, directs 100% of its proceeds into providing valuable I.T. training to blind students in rural India, enabling them to get jobs and support themselves, without having to beg. Money made from previous balls has helped build a school, which has now helped several thousand able-bodied students and hundreds of blind students gain a job for life with their new found IT skills.  Again, all proceeds from this year’s Ball will go into the next stage of the school’s development.&lt;/p&gt;

&lt;p&gt;The Take Heart Committee chaired by Lucian Tarnowski, also includes Simon Ambrose, winner of &lt;span class="caps"&gt;BBC&lt;/span&gt; 1’s The Apprentice, as well as Pete Ward and Jerome Touze, Founders of global social network Wayn.com.  The Committee has organized an auction as the main money-making focus on the night with lots being donated by Richard Branson, Virgin Airlines, Swarovski,  Breitling, L’Oréal and Aura Ibiza, to name a few.&lt;/p&gt;
&lt;p&gt;Founded by Count Arthur Tarnowski in 1963, Take Heart is a visionary charity that has provided aid and rehabilitation to the physically handicapped people of rural India.  Wheelchair-bound from his late twenties, Arthur Tarnowski visited India on a two year assessment of the plight of those people with disabilities.  There he set up Take Heart with the legendary Baba Amte in partnership with Anandwan and the institution, Maharogi Sewa Samiti. Since then Take Heart has established a working future for thousands of people in rural India.  Costing just £37 to provide a six month IT and English language training course per student, this can secure a job for life.&lt;/p&gt;
&lt;p&gt;Take Heart holds dear to its principles of actually helping people to help themselves through education and skill training, rather than just giving them money.  The Take Heart parent institution has the close support of His Holiness the &lt;a href="http://www.looktothestars.org/celebrity/914-dalai-lama"&gt;Dalai Lama&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;For more info, visit www.takeheartindia.org.&lt;/p&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=aT2HO5toNX4:pHiY5eAaUGY:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=aT2HO5toNX4:pHiY5eAaUGY:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=aT2HO5toNX4:pHiY5eAaUGY:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=aT2HO5toNX4:pHiY5eAaUGY:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=aT2HO5toNX4:pHiY5eAaUGY:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=aT2HO5toNX4:pHiY5eAaUGY:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=aT2HO5toNX4:pHiY5eAaUGY:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=aT2HO5toNX4:pHiY5eAaUGY:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=aT2HO5toNX4:pHiY5eAaUGY:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/aT2HO5toNX4" height="1" width="1"/&gt;</description>
  <pubDate>Thu, 01 Oct 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.looktothestars.org/news/3179-stars-to-take-heart-for-india-at-roof-gardens</guid>
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  <title>Will social networking sites ever make money?</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/vQ6TsyB7tSM/940652</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;Users of Facebook et al resent ads and expect a free service. So how will these sites ever turn a profit?&lt;br&gt;&lt;/p&gt;&lt;/b&gt;To some, they are the undisputed darlings of web 2.0, spearheading a virtual revolution that will replace the net as we know it with a connected world where status, street cred and even employability are determined not by the old credos of class, geography and education but by the number and quality of nodes on your personal global network. To others, social networks such as Facebook and Twitter are the last word in navel-gazing - online platforms for the swapping of trivial opinions by the terminally self-obsessed.&lt;br&gt;&lt;br&gt;
Whichever side of the fence you prefer to be on, if the grand vision promised by the boosters is to stand a chance of coming even halfway true, the big social networks will have to start doing something that they have so far singularly failed to do - making decent, sustainable profits. The question being asked with growing urgency out in the real world, where the wheels of commerce have yet to become frictionless and still need greasing with plenty of moolah, is: can they ever do so?&lt;br&gt;&lt;br&gt; 
Some veterans of the dot.com bubble of the late '90s have their doubts. Michael Wolff, American author of Burn Rate, the most compelling first-hand account of life in Silicon Valley in that frenzied period of boom and bust, is one. 'Social media is based on the internet model, and we are right to be alarmed by that model. It creates moments of intense enthusiasm, but they do not - cannot - last.'&lt;br&gt;&lt;br&gt; 
Enthusiasm is the word. Facebook has signed up a mindboggling 300 million users in just three years. That's a fifth as many followers as the world's largest religion, Christianity, has accrued over two millennia, and it's still growing fast - five million new users a week.&lt;br&gt; &lt;br&gt; 
Founder Mark Zuckerberg's ambition is also of biblical proportions. He wants to get to a billion users in a year or two, and - having turned down at least one billion-dollar offer, from Yahoo! - shows no inclination to sell out. Facebook has attracted a zealous following from the investment community - the purchase of a 5% stake by Microsoft in 2007 valued the company at $15bn, although more recent share sales suggest $5bn is closer.&lt;br&gt; &lt;br&gt; 
And yet in its more established territories, Facebook is already old hat. How long can it find new markets where punters still think it is cool, to make up for those where it has passed into the ranks of the web establishment?&lt;br&gt; &lt;br&gt; 
Blake Chandlee, commercial director EMEA for Facebook, is ex-Yahoo! and was Facebook's first international employee, way back in 2007. He is confident the firm has what it takes to stay at the top for a while yet. 'How do you avoid being blindsided by the next big thing? I asked Mark (Zuckerberg) exactly the same question when I went for the job,' he says. 'He really wants to connect users, to make Facebook more of a utility than a content-driven thing, like some other social sites.&lt;br&gt; &lt;br&gt; 
'Facebook is about nodes and edges - it enables you to keep in touch much more effectively with people at the edges of your network, people you might know only superficially, than you can in any other way. That has real global appeal, more so than content plays.'&lt;br&gt; &lt;br&gt; 
At least Facebook has viable revenue streams - it makes money from advertising on the site, and is exploring other sources of income, such as stored credit, which users can spend on the site, and a new VOIP telephony service to compete with Google and Skype.&lt;br&gt; &lt;br&gt; 
Last month, Zuckerberg announced that Facebook will be cashflow-positive this year, which means that it will earn more in revenues than it spends on capex - a vital turning-point for any start-up.&lt;br&gt; &lt;br&gt; 
But it's very cagey on exact figures. Even mundane facts such as employee numbers are not 'officially' public (it's around 1,000 people, by the way) and revenues and expenditure details are closely guarded secrets. 'Leaked' estimates suggest annual revenues of around $500m and climbing fast, prompting sceptics to wonder why getting cashflow-positive has taken Facebook so long, and whether it can sustain such a frenetic pace of growth and technological diversification without burning out.&lt;br&gt; &lt;br&gt; 
Twitter, meanwhile, the uber-fashionable new kid on the block, has much less in the way of visible means of support. The micro-blogging site was founded in 2006 but didn't really get going until last year. It now has 45 million users, of which nearly three-quarters joined in the first five months of this year, according to data from Twitter research specialist (yes, such firms do exist) Sysomos.&lt;br&gt; &lt;br&gt; 
Endorsed by celebs such as Stephen Fry and 'Mr Demi Moore' Ashton Kutcher, it has attracted more than $100m of funding. That includes $35m raised at a valuation of $250m earlier this year, and $50m or so raised last month at an eyewatering $1bn valuation. All for a company with no clear source of income.&lt;br&gt; &lt;br&gt; 
The unprecedented - and to some inexplicable - mass appeal of posting short (140 character) messages on any subject at all in real time on the Twitter site seems to have taken even founders Jack Dorsey, Biz Stone and Ev Williams by surprise. They neglected to work out a business model before they got started - a source of embarrassment now that they've hit the big time. Having maintained since very early days that it would never look to advertising on the site to make money, Twitter recently changed its terms and conditions to allow it to do so - in theory, at least.&lt;br&gt; &lt;br&gt; 
In July, it was reported that Twitter had spent $15m getting to 30 million users, so, compared with those profligate '90s dot.coms, it is prudently managed and should have plenty in the kitty. So why the need for this latest round of funding? Sceptics suggest that the founders are keen to extract as much cash from the VCs as possible before the true scale of Twitter's 'monetisation problem' becomes a deal-breaker.&lt;br&gt; &lt;br&gt; 
The question of whether to go for growth or profit is a classic social-media dilemma, says Nic Brisbourne, partner in venture capital firm DFJ Esprit. 'Does profit matter? Yes, in the long run it matters tremendously. Any business is only worth the sum of its future net cashflow, and without profit you haven't got any of that. But the key phrase is "in the long run". The revenue potential of a business like Twitter or Facebook is theoretically proportional to its user base, so providing you have the capital to cover your losses, it make sense to grow the user base. That's adding more value. But you have to transition to thinking about profit.'&lt;br&gt; &lt;br&gt; 
He believes that Facebook has passed this financial rubicon, but that Twitter is not yet in a position to. 'Facebook is clearly in revenue mode - there's definitely a viable business there. The question is: will it be a Google, or will it be an AOL? But Twitter is right at the beginning of the cycle - it doesn't have the revenue to go for profit, even if it wanted to.'&lt;br&gt; &lt;br&gt; 
The question bothering investors in social media must be: how long will it last? It is the pace with which these bursts of fame and fan-dom succeed one another, says Wolff, that makes the social networking business model suspect. Dominant players can rise and fall so quickly that they never have time to earn investors their money back.&lt;br&gt; &lt;br&gt; 
Look at what happened to MySpace, the first social network to make it really big, he says. 'There's a company that pretty much created the market, had a potential valuation of some $20bn at one point; now it's the sick man of social media.'&lt;br&gt; &lt;br&gt; 
MySpace collected 50 million users in two years, a number that looks less impressive today than it did then only because of the extraordinary numbers subsequently posted by Facebook. But it rapidly lost its mojo in the face of its sharp-elbowed new rival. It has now made 30% of its workforce redundant and is bleeding ad revenue at the rate of 15% per annum. Being acquired by Rupert Murdoch's News Corp - whose lamentable record in the online arena is well known - didn't help.&lt;br&gt; &lt;br&gt; 
Even Zuckerberg and his all-conquering chums may not get much more than an hour or two in the sun. Peter Cook once said of arch-rival David Frost that he 'has risen without trace'. The same could be said of Twitter, which, revenue or no, is now clearly way cooler than dreary old Facebook, at least for the opinion-formers of the online community.&lt;br&gt; &lt;br&gt; 
In such a world, where both technology and user behaviour are transient, little can be taken for granted. 'It's a Facebook game now, but what happens next?' asks Wolff. 'Will Twitter upend Facebook? Will Facebook acquire Twitter? Suddenly, we're talking about a strategic defence of a business that hasn't even defined what it is. What are they preparing to defend exactly? We don't know.'&lt;br&gt; &lt;br&gt; 
The UK has its own, smaller, cautionary tale in Friends Reunited. Bought by ITV for £120m in 2005, when it had 15 million members and solid revenues from advertising and paid subscriptions, its model was undermined by the arrival of Facebook - yes, them again - which offered better functionality for free, as well as a much bigger hype machine. Although profitable in 2007, it rapidly went into reverse, and when ITV disposed of what remained of Friends Reunited earlier this year for a paltry £25m, it made a thumping loss of £95m.&lt;br&gt; &lt;br&gt; 
But it's easy - and often unproductive - to knock new ideas before they've had a chance to prove themselves. Let's retreat from all this naysaying and take a rational look at what is going on. Are social networks really inherently hard to monetise, or is the conspicuous lack of profit from some players simply a natural part of early-stage business life?&lt;br&gt; &lt;br&gt; 
It's the latter, argues Facebook's Chandlee. 'Where we are at is consistent with business trends for the last 100 years. It amazes me that people so often say we are not monetising; I think we're doing a pretty good job. The pace of change here is like nothing I have ever seen. We're clearly building a robust and commercially viable business.'&lt;br&gt; &lt;br&gt; 
Furthermore, it's simply not true that social networks can't turn a profit. Many do, typically the niche players whose backers don't have quite such deep pockets and whose businesses were built from the start with ROI in mind - firms such as LinkedIn, a network for professionals which has inevitably attracted the moniker 'The Facebook of business'. Since it declared itself profitable in 2007, it's arguably more successful than its bigger and better-known rival. But, like Facebook, it also plays its financial cards close to its chest: revenue and profit figures are not revealed.&lt;br&gt; &lt;br&gt; 
The quantity of its membership may not be in the premier league - 43 million - but their quality is outstanding, says Christina Hoole, marketing director for Europe. 'Eighty-one per cent are university-educated, the average age is 41 and the average income is £75,000.'&lt;br&gt; &lt;br&gt; 
Those are the kind of numbers to make any advertiser drool. And, in a sector where the pedestrian reality of making money can often look like an afterthought, its business model is copper-bottomed. 'Our revenue model is mixed - roughly one-third each advertising, subscriptions and corporate solutions,' says Hoole.&lt;br&gt; &lt;br&gt; 
Ironically, sales to corporates have been particularly strong during the downturn, because using LinkedIn as a recruitment tool helps clients to do their own headhunting - at a fraction of the price charged by specialist recruitment firms. 'You can seek out both active candidates - those looking for a new job - and passive ones. These are the people who aren't looking but might move for the right offer.'&lt;br&gt; &lt;br&gt; 
Adds Hoole: 'We're in a privileged position, because people's professional networks last for life; they take them from job to job.'&lt;br&gt; &lt;br&gt; 
It's also easy to forget that social networking is a young sector, and that people are still feeling their way in it. There's a lot more value to come, says Peter Ward, co-founder of another niche player, UK-based social network for travellers Wayn.com. Wayn may have 'only' 15 million members, but it has been profitable almost from the start, he says. 'There's this idea that all social networks are the same. They are not. We can do more specialist, focused things on Wayn that they couldn't do on Facebook.&lt;br&gt; &lt;br&gt; 
'Social media has plenty of untapped value, but a lot of people who claim to understand social media don't. Success depends on using the power of the medium and understanding the psychology of your users.'&lt;br&gt; &lt;br&gt; 
Twitter's lack of obvious revenue streams has led to speculation that the firm's best hope for the future is to get up the noses of bigger rivals in order to encourage them to buy it out - something it has managed with considerable aplomb. Rumour has it that at least one such approach has been rebuffed by Twitter's top team. Did they not want to sell, or was the price too low? Only time will tell.&lt;br&gt; &lt;br&gt; 
Internet veteran Brent Hoberman, the co-founder of Lastminute.com who now heads up the PROfounders investment fund, thinks a sale could be on the cards for Twitter. It certainly worked well for his investment partner Michael Birch, who sold the social network he founded, Bebo, to AOL for $850m last year.&lt;br&gt; &lt;br&gt; 
'Microsoft, Google, Facebook - they'd all like to buy it,' he says. 'The question is, would a sale kill it?' In other words, how many users would desert a corporate-owned Twitter on a point of principle? Hoberman doesn't think it would amount to many. 'Maybe the techies who were on there first would stop, but in the mass market I don't think many users would care very much who owned it.'&lt;br&gt; &lt;br&gt; 
Facebook's Chandlee points to another advantage enjoyed by social media that should certainly please the traditionalists. 'We are fiscally very conservative, we keep our employee base low. Plenty of people here went through the dot.com crash; they know what that felt like and they don't want it to happen again. Comscore says we're the third most popular website in the world, and we've done that on less than 1,000 employees - fewer even than Google.'&lt;br&gt; &lt;br&gt; 
So will social networking ever pay? Almost certainly, yes. You may not share the desire to broadcast your entire personal life to the world on Facebook, or share your every waking thought with the Twitterati, but a lot of people do - these are some of the fastest-growing businesses on the planet. 'I'm optimistic that sites with mass scale, and well-differentiated niche sites, will do well,' says Hoberman. 'The middle market will struggle.'&lt;br&gt; &lt;br&gt; 
After all, as Michael Wolff admits: 'You have to say that if it's not possible for someone to make money out of the intense engagement of all the millions of people who use social network sites, we might as well all give up.'&lt;br&gt; &lt;br&gt; 
Good point. Someone should Tweet it.&lt;br&gt; &lt;br&gt; 
*********&lt;br&gt; &lt;br&gt; 
ADS, DATA AND APPS - Where the money comes from&lt;br&gt; &lt;br&gt; 
For a medium that prides itself on novelty, the lion's share of revenue generated by social networks still comes from a traditional source - advertising. Despite the hunt for alternative sources of income, this won't change quickly. 'For the foreseeable future,' says Facebook's Blake Chandlee, 'advertising will remain the dominant revenue stream.'&lt;br&gt; &lt;br&gt; 
The received wisdom is that if people in social networking mode are less receptive to ads than those merely browsing, but social networks know a great deal about the habits and proclivities of their users. That kind of data should allow them to identify precisely targeted audiences, something the internet has long promised but never quite delivered. Hence the ongoing battle over who can do what with all the personal data that users type into social network pages. 'So far, a lot of online advertising has not really added much to what can be achieved in a magazine,' says DFJ Esprit's Nic Brisbourne. 'That will change.'&lt;br&gt; &lt;br&gt; 
So expect to see a raft of more sophisticated techniques, from product placement via interactive ads to the 'engagement' model, which tries to make ads more palatable by encouraging feedback from users. Some professional-interest sites have better data than mass-market rivals.&lt;br&gt; &lt;br&gt; 
There should also be a good business in selling data on what people are saying about brands to corporate clients - 'analytics'. 'It comes down to whether you can influence people's buying behaviour without upsetting them. I think the answer is yes,' says PROfounders' Brent Hoberman.&lt;br&gt; &lt;br&gt; 
The other possibility is in the topsy-turvy world of apps - small pieces of software designed to run on top of a social network and to do something users find fun or useful: Tweetdeck on Twitter, for example, or Facebook Connect.&lt;br&gt; &lt;br&gt; 
Developers don't get charged for using the underlying platform to sell their app. So although Twitter itself makes no money, several developers are doing very nicely off the back of it. Will Twitter use some of its war chest to snap up the most successful apps?&lt;br&gt; &lt;br&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=vQ6TsyB7tSM:WrTh97ubaFo:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=vQ6TsyB7tSM:WrTh97ubaFo:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=vQ6TsyB7tSM:WrTh97ubaFo:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=vQ6TsyB7tSM:WrTh97ubaFo:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=vQ6TsyB7tSM:WrTh97ubaFo:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=vQ6TsyB7tSM:WrTh97ubaFo:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=vQ6TsyB7tSM:WrTh97ubaFo:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=vQ6TsyB7tSM:WrTh97ubaFo:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=vQ6TsyB7tSM:WrTh97ubaFo:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/vQ6TsyB7tSM" height="1" width="1"/&gt;</description>
  <pubDate>Thu, 01 Oct 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.managementtoday.co.uk/news/940652</guid>
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  <title>BizSpark Summit – Jerome Touze from WAYN on evolving the ad supported social media concept</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/GeOv3CaUqfA/</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;&lt;p&gt;We sat with Jerome Touze of &lt;a onclick="javascript:pageTracker._trackPageview('/outgoing/www.wayn.com/');" href="http://www.wayn.com/"&gt;WAYN&lt;/a&gt; at the Microsoft BizSpark Summit to get the latest development since &lt;a href="http://intruders.tv/en-tech/interview-with-peter-ward-and-jerome-touze-of-wayn-10m-member-social-network-you-never-heard-of/"&gt;we last met&lt;/a&gt;.&lt;/p&gt;&lt;/b&gt;
&lt;p&gt;He shares the insights and challenges facing a mature social media company. Listen for insights on how to take your sales team in-house after long term outsourcing to agencies, why taking feedback from ‘your elders and your betters’ is worthwhile and how to tailor ad engagements to generate strong participation from your community and value for your advertisers.&lt;/p&gt;

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&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=GeOv3CaUqfA:nF6fRmAI7cQ:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=GeOv3CaUqfA:nF6fRmAI7cQ:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=GeOv3CaUqfA:nF6fRmAI7cQ:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=GeOv3CaUqfA:nF6fRmAI7cQ:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=GeOv3CaUqfA:nF6fRmAI7cQ:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=GeOv3CaUqfA:nF6fRmAI7cQ:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=GeOv3CaUqfA:nF6fRmAI7cQ:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=GeOv3CaUqfA:nF6fRmAI7cQ:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=GeOv3CaUqfA:nF6fRmAI7cQ:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/GeOv3CaUqfA" height="1" width="1"/&gt;</description>
  <pubDate>Wed, 30 Sep 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://intruders.tv/en-tech/bizspark-summit-jerome-touze-from-wayn-on-evolving-the-ad-supported-social-media-concept/</guid>
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  <title>WAYN showcases earthTV destinations in real-time</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/-D1EvZfYoVE/WAYN-showcases-earthTV-destinations-in-real-time.html</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;Munich/London, WAYN, the world's leading lifestyle and travel social network, has teamed up with global camera network earthTV. WAYN users can now plan even more life enhancing trips or share their meeting memories with real-time plug-ins to the hot cityscapes, chill out beaches and even the majestic mountains captured by earthTV.&lt;br&gt;&lt;/b&gt;&lt;/p&gt;
&lt;br&gt;
earthTV is all about connecting people and video from its cameras and already reaches over 2 billion TV people worldwide through earthTV's global broadcasting clients. This, the biggest TV audience reach achieved by any European television company, is augmented by earthTV.com, the company's 24/7 online channels and its revolutionary earthTV-webTV Player which gives direct access to cool destinations, weather reports, shopping guides and great accommodation - everything that globe-hopping WAYN users need to plan their perfect reunion or meet up with the new friends they make on the WAYN site.&lt;br&gt;
&lt;br&gt;
Thomas Hohenacker, CEO and founder of earthTV and its mother company Telcast GmbH in Munich, comments; 'WAYN, with its commitment to bringing people and friends together and building a worldwide community, is a perfect partner for earthTV which is built on universal amity and cultural insight. earthTV's global camera network is of quality one in the world and our new Player with its contemporary regional, national and international video on demand (VOD) is an ideal tool for WAYN users looking to hook up or virtually research some of the most exciting destinations our planet has to offer.'&lt;br&gt;
&lt;br&gt;
WAYN has signed up to earthTV's LIVE streaming, best of clips and last 48 hours - all features that illustrate earthTV's Player ability to meet the ever changing needs of WAYN's vibrant networkers.&lt;br&gt;
&lt;br&gt;
Peter Ward, WAYN's co-founder and co-CEO says; "WAYN is all about helping its members to gain inspiration for future trips and experiences with friends or people they meet on the site. By showcasing some of the world's leading destinations through earthTV's real-time camera views over captivating horizon's, we aim to  inspire our members to visit these places and share their own travelling experiences with others" &lt;br&gt;
To view the player go to Travel Guide and check out the destination pages.&lt;br&gt;

&lt;br&gt;
About WAYN&lt;br&gt;
WAYN (Where Are You Now?) is the world's largest lifestyle and travel social networking community with over 15 million members worldwide. WAYN helps like-minded people plan, find, meet and share dreams, aspirations and experiences with others. &lt;br&gt;
&lt;br&gt;
&lt;a style="text-decoration: underline; color: rgb(202, 105, 8);" href="http://www.wayn.com/waynsplash.html" target="_blank"&gt;www.wayn.com/waynsplash.html&lt;/a&gt;&lt;br&gt;
&lt;br&gt;
Contacts Marta Datkiewicz, Marketing and PR Manager, Where Are You Now? Ltd&lt;br&gt;
&lt;br&gt;
About earthTV&lt;br&gt;
earthTV is the most successful daily LIVE programme out of Europe, reaching over 2 billion Television viewers in 200 countries and regions - available in any language and station design, delivered LIVE every hour, 24 times per day. earthTV’s spectacular 90 seconds LIVE programming airs on more than 60 TV channels  around the world, including CenterTV (Russia), CWTV (China), Al Arabiya (Middle East), France2 (France), Sky Travel (UK), N24 (Germany), SBS (Australia), The Weather Channel (USA) and NDTV (India). earthTV content is also available on selected mobile and 3G platforms, and on airport media. In January 2007 earthTV launched its new online platform &lt;a style="text-decoration: underline; color: rgb(202, 105, 8);" href="http://www.earthTV.com" target="_blank"&gt;www.earthTV.com&lt;/a&gt;.&lt;br&gt;

&lt;br&gt;
Contacts Evelyn Dathe, PR &amp; Marketing Manager, TELCAST Media Group GmbH, T +49 89 208 06 770, F +49 89 208 06 606, &lt;a style="text-decoration: underline; color: rgb(202, 105, 8);" href="mailto:evelyn.dathe@telcast-group.tv?subject=openPR.com%20contact"&gt;evelyn.dathe@telcast-group.tv&lt;/a&gt; or Stephen Roberts at Roberts Laurence, T: + 44 (0) 1780 460777, email &lt;a style="text-decoration: underline; color: rgb(202, 105, 8);" href="mailto:robertslaurence@mac.com?subject=openPR.com%20contact"&gt;robertslaurence@mac.com&lt;/a&gt; &lt;br&gt;
Marta Datkiewicz Marketing and PR Manager Where Are You Now Ltd [WAYN] T + 44 (0) 7336 8088 , email &lt;a style="text-decoration: underline; color: rgb(202, 105, 8);" href="mailto:marta@wayn.com?subject=openPR.com%20contact"&gt;marta@wayn.com&lt;/a&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=-D1EvZfYoVE:CLpAydxw9xQ:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=-D1EvZfYoVE:CLpAydxw9xQ:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=-D1EvZfYoVE:CLpAydxw9xQ:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=-D1EvZfYoVE:CLpAydxw9xQ:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=-D1EvZfYoVE:CLpAydxw9xQ:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=-D1EvZfYoVE:CLpAydxw9xQ:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=-D1EvZfYoVE:CLpAydxw9xQ:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=-D1EvZfYoVE:CLpAydxw9xQ:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=-D1EvZfYoVE:CLpAydxw9xQ:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/-D1EvZfYoVE" height="1" width="1"/&gt;</description>
  <pubDate>Mon, 28 Sep 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.openpr.com/news/98804/WAYN-showcases-earthTV-destinations-in-real-time.html </guid>
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  <title>TAT launches Ultimate Thailand Explorers competition </title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/V2mNz930fQ0/tat-launches-ultimate-thailand-explorers-competition</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;&lt;br&gt;The Tourism Authority of Thailand (TAT) announced the Ultimate Thailand Explorers campaign &lt;a href="http://www.ultimatethailandexplorers.com" title="www.ultimatethailandexplorers.com"&gt;www.ultimatethailandexplorers.com&lt;/a&gt;, an online marketing activity targeted at foreigners who have been invited to send original video auditions to become one of five teams to compete in the Ultimate Thailand Explorers competition.&lt;br&gt;&lt;/b&gt;&lt;/p&gt;

Each of the five teams of finalists will have six days and five nights in one of five chosen locations - Bangkok, Phuket, Chiang Mai, Samui, and Pattaya - in order to explore and fulfill given assignments: the task for each team is to explore the attractions and activities and then upload pictures, write blogs, and upload videos via numerous sources of online social media. The winning team, the one that gets the most online votes, will receive a cash prize, holiday package, and other prizes worth US$15,000 in total. More importantly, the purpose of the event is to inspire international travelers to set their feet on Thai soil.&lt;br&gt;

Suraphon Svetasreni, Deputy Governor for Policy and Planning, said: “This campaign will improve the perception [of] Thailand as contestants will see by their own eyes what it is like during their stay; therefore, it promotes an improved understanding amongst international press, especially those of great influence like bloggers, who travelers are more likely to believe. The ultimate goal of this campaign is to encourage and expand Thailand’s virtue and to rebuild confidence in international travelers.&lt;br&gt;

&lt;br&gt;"We have [been] publiciz[ing] via online media since September 1, 2009, launching a website, stirring interest by means of social media, and social networking such as youtube, Facebook, Myspace, and Twitter. We made a direct marketing approach to travelers through the most reputable traveler websites such as WAYN (Where Are You Now). Strikingly, this campaign has captured the attention of digital travelers because even though only two weeks has passed, there have been 52,871 visitors and 16,770 views of the video campaign. These figures are considered the highest numbers since TAT’s first online campaign resulting in approximately 155 teams of applicants to date.”&lt;br&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=V2mNz930fQ0:VUYD2z_tfTs:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=V2mNz930fQ0:VUYD2z_tfTs:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=V2mNz930fQ0:VUYD2z_tfTs:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=V2mNz930fQ0:VUYD2z_tfTs:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=V2mNz930fQ0:VUYD2z_tfTs:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=V2mNz930fQ0:VUYD2z_tfTs:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=V2mNz930fQ0:VUYD2z_tfTs:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=V2mNz930fQ0:VUYD2z_tfTs:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=V2mNz930fQ0:VUYD2z_tfTs:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/V2mNz930fQ0" height="1" width="1"/&gt;</description>
  <pubDate>Thu, 24 Sep 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.eturbonews.com/11901/tat-launches-ultimate-thailand-explorers-competition</guid>
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  <title>DataArt Hosts Travel Executive Panel On Mobile Technologies</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/uwz-HSdGeFU/rel_display.php</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;Travel and Mobile Leaders Discuss Vision of Mobile’s Power, Challenges for Travel Industry&lt;br&gt;&lt;/b&gt;&lt;/p&gt;
&lt;br&gt;
London – September 22, 2009 -- DataArt, a high-end software development company headquartered in New York with R&amp;D centers in Eastern Europe, will host an executive panel on emerging mobile technology strategies for the travel industry on October 15 from 16.00 to 18.30 in central London. The panel is the first in a planned series of such events to be hosted by DataArt, and will feature candid discussion between leading travel and mobile industry leaders, including:&lt;br&gt;
&lt;br&gt;
•	Graham Leslie, president, IXeo and VisitAfrica.com, and former CEO of Serena Hotels and SVP of Kempinski Hotels. &lt;br&gt;
•	Jerome Touze, co-Founder and co-CEO, WAYN - Where Are You Now? Ltd &lt;br&gt;
•	Lynda Bott, director, Hyatt.com&lt;br&gt;
&lt;br&gt;
The evening’s session will be moderated by Graham McKenzie from TravelMole, who will lead the discussion around how mobile technologies are reshaping the way consumers plan, book and consume travel services.  The discussion will further explore how the increasing consumer demand for such mobile applications is causing travel companies to revolutionize existing global IT operations strategies to make their services more mobile-friendly.&lt;br&gt;
&lt;br&gt;

“As mobile technologies continue to grow at a tremendous pace, the travel industry is quickly proving to be a hot point for showcasing just how ubiquitous and versatile mobile apps are becoming,” said Marina Kolesnik, head of travel and hospitality practice at DataArt.  “However, with such ubiquity, complexity and dynamism comes real challenges about how to effectively incorporate mobile technology into new IT operations plans, and make accessing such services easier for customers.  With this panel, attendees will get to hear from both sides of the equation about how this evolution is taking shape and the potential it carries.”&lt;br&gt;
&lt;br&gt;
To secure your spot at this leading-edge industry panel event, please contact Anna Grevtseva at &lt;a title="Sends email to: anna.grevtseva" href="mailto:anna.grevtseva@dataart.com"&gt;anna.grevtseva@dataart.com&lt;/a&gt;. &lt;br&gt;
&lt;br&gt;
About DataArt: &lt;br&gt;
&lt;br&gt;
DataArt is a high-end software outsourcing company with industry-specific expertise in financial technology, online travel, telecom and media sectors. The company specializes in enterprise application development, system integration and business automation tools. In 2006-2009, DataArt has been named one of the world's top emerging outsourcing providers by BusinessWeek, Global Services 100 and by International Association of Outsourcing Professionals. Headquartered in New York City, DataArt runs four R&amp;D centers in Russia and the Ukraine, and maintains offices in London, UK.&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=uwz-HSdGeFU:tKroLOexDkc:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=uwz-HSdGeFU:tKroLOexDkc:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=uwz-HSdGeFU:tKroLOexDkc:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=uwz-HSdGeFU:tKroLOexDkc:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=uwz-HSdGeFU:tKroLOexDkc:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=uwz-HSdGeFU:tKroLOexDkc:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=uwz-HSdGeFU:tKroLOexDkc:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=uwz-HSdGeFU:tKroLOexDkc:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=uwz-HSdGeFU:tKroLOexDkc:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/uwz-HSdGeFU" height="1" width="1"/&gt;</description>
  <pubDate>Tue, 22 Sep 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.sourcewire.com/releases/rel_display.php?relid=50522</guid>
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  <title>Table Talk: Where WAYN's Peter Ward eats</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/PxFEndmI4gw/</link>
  <description>&lt;b&gt;&lt;div class="articleWidth"&gt;WAYN co-founder Peter Ward on why he loves La Cucina, an Italian restaurant in central London. &lt;/div&gt; &lt;p&gt;We like to take important clients to La Cucina, an Italian restaurant on Cowcross Street, nestled between Farringdon and Barbican in central London. It's got the combination of style, good value for money, ambience and an attentive staff. &lt;/b&gt;&lt;/p&gt;&lt;p&gt;Because we spend so much time there, we can recommend favourite dishes to our guests. The pastas are outstanding and the staff are very accommodating - they'll incorporate extra chilli and other ingredients into the dishes if asked. One of the dishes, quadroni di magro, comprising fresh pasta filled with spinach and ricotta, wild mushrooms, asparagus and tomato sauce, is so good I frequently order a portion and a half.&lt;/p&gt;

&lt;p&gt;Unusually, this restaurant is also celebrated for its traditional English dishes: fegato - calf's liver, bacon and onions - is one of La Cucina's most popular main courses.&lt;/p&gt;

 &lt;/p&gt;&lt;p&gt;La Cucina has a bit of a retro feel to it. The walls are adorned with pictures of traditional Italian brands and people who were famous in Italy. I know that whoever I take there will feel welcome immediately. There's a guy waiting outside who always says hello and opens his arms wide. He's very Italian - proud and passionate. Combined with the excellent food and service and our knowledge of the menu, it's a winning combination.&lt;/p&gt; 

&lt;p&gt;We've taken a range of people to La Cucina, from staff to key strategic clients - and, recently, Simon Guild, who is now our chairman.&lt;/p&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=PxFEndmI4gw:zkL7oysew6c:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=PxFEndmI4gw:zkL7oysew6c:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=PxFEndmI4gw:zkL7oysew6c:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=PxFEndmI4gw:zkL7oysew6c:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=PxFEndmI4gw:zkL7oysew6c:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=PxFEndmI4gw:zkL7oysew6c:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=PxFEndmI4gw:zkL7oysew6c:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=PxFEndmI4gw:zkL7oysew6c:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=PxFEndmI4gw:zkL7oysew6c:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/PxFEndmI4gw" height="1" width="1"/&gt;</description>
  <pubDate>Tue, 01 Sep 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.managementtoday.co.uk/rss/article/929306/</guid>
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  <title>550 young leaders invited to join world’s largest youth leadership summit</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/kbh0ZoJcdRw/25594.asp</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;550 young leaders invited to join world’s largest youth leadership summit – Davos for 25 year olds&lt;/b&gt;&lt;br&gt;&lt;br&gt;

AIESEC partners with One Young World to attract future global leaders from every continent&lt;br&gt;&lt;br&gt;

550 young leaders from 107 countries were invited yesterday to join the One Young World initiative. One Young World (www.OneYoungWorld.com) is the global nonprofit organization that serves as a platform to raise the voice of the next generation of world leaders on global issues. AIESEC, the world’s largest youth-run organization, announced its partnership with One Young World to help create the world’s largest youth Leadership summit to be hosted in London, UK on 8th-10th February 2010. The partnership launch was held at the Palace of the Golden Horses hotel in Kuala Lumpur, Malaysia. The founders of One Young World have reserved one space for an AIESEC member from all their 107 member countries.&lt;br&gt;&lt;br&gt;

As well as AIESEC International, some of the world’s largest social networks and online communities are now helping to spread the One Young World message to millions of people around the world. Facebook, YouTube, WAYN, BraveNewTalent and Twitter are also being used to engage with potential delegates and those interested in the aims of the initiative.&lt;br&gt;&lt;br&gt;

This ’user generated’ leadership program is the first of its kind and shows how social media can be deployed as an instrument for positive change. "Social media channels are the single most effective route to reaching the next generation’s future global leaders;” commented Lucian Tarnowski, CEO of BraveNewTalent.com, One Young World’s delegate outreach partner who was present to announce the AIESEC partnership. “Our partnership with AIESEC demonstrates the power of this medium as a way of engaging youth in almost every country in the world. This is like a global search for 1500 young Obamas.” Aman Jain, President of AIESEC International comments “Given the magnitude and scope of conversations at One Young World, AIESEC is a strategic partner to further our cause with youth leaders around the world.” Through the usage of AIESEC’s presence on various social media channels such as Youtube, Twitter and the AIESEC blog the Forum will engage over 10,000 young people in live discussions.&lt;br&gt;&lt;br&gt;

One Young World will be attended by existing world leaders as Counsellors, including Kofi Annan, Archbishop Desmond Tutu and Bob Geldof. The One Young World Annual Summit will be a yearly global gathering of future leaders that is truly representative of the world’s population – weighted for the first time ever to reflect the most populated regions and countries, and not necessarily the richest or most politically influential.&lt;br&gt;&lt;br&gt;

Counsellor Bob Geldof comments “This One Young World idea says surely there’s a way we can get ahead of the game and plot the way we would like it to be, rather than reacting to the events that happen to us”. One Young World is open to young leaders born since 1984 from every country in the world. They will come together to have a combined voice around the Environment, Politics, Business, Healthcare, Media and Interfaith Dialogue. “We want to see this world a different kind of world;” comments Archbishop Desmond Tutu. “We want to see a peaceful world, a more compassionate world, a caring world and so we appeal to you, please send the best that you have who will be the next generation of leaders.”&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kbh0ZoJcdRw:3PCle5vMWus:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kbh0ZoJcdRw:3PCle5vMWus:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kbh0ZoJcdRw:3PCle5vMWus:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=kbh0ZoJcdRw:3PCle5vMWus:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kbh0ZoJcdRw:3PCle5vMWus:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kbh0ZoJcdRw:3PCle5vMWus:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kbh0ZoJcdRw:3PCle5vMWus:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=kbh0ZoJcdRw:3PCle5vMWus:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kbh0ZoJcdRw:3PCle5vMWus:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/kbh0ZoJcdRw" height="1" width="1"/&gt;</description>
  <pubDate>Tue, 01 Sep 2009 00:00:00 GMT</pubDate>
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  <title>Social networkers value special offers</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/Fas7IxgPsfE/social-networkers-value-special-offers.html</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;A survey by travel and lifestyle social-network site &lt;a href="http://www.wayn.com" target=_blank&gt;WAYN&lt;/a&gt; has found airport lounge passes and special offers with priority access to events top the list of benefits most valued by users.&lt;/b&gt;&lt;p&gt;

WAYN asked 6,000 members what benefits they value and how much they would be prepared to pay for these. Special offers for, and priority access to, events in top cities were of most value to almost 49% of respondents in the lifestyle category, closely followed by special offers at top restaurants at 46%.&lt;p&gt;&lt;p&gt;

Airport lounge passes emerged as the clear winner for 54% in the travel category, while a free &lt;a href="http://www.wayn.com/profiles/mobiletranslator" target=_blank&gt;mobile translator&lt;/a&gt; was valuable to 44% and SMS credits to 42%.&lt;p&gt;&lt;p&gt;

The survey also looked at online engagement benefits and a new feature enabling users to see who likes them and find out why was valued by 49%. The ability to customise the look and feel of WAYN was popular with 46%, while the ability to create private forums and invite people to participate was deemed useful by almost 39%.&lt;p&gt;&lt;p&gt;

Asked how much they would be prepared to pay for such services, 70% of respondents said between $5 and $10 and 17% between $10 and $20.&lt;p&gt;&lt;p&gt;

Of the 6,000 surveyed, 15% were members of the WAYN VIP Club which offers 100 free international SMSs per month, the ability to  create private forums and other benefits.&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=Fas7IxgPsfE:FIKJ2RqXEio:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=Fas7IxgPsfE:FIKJ2RqXEio:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=Fas7IxgPsfE:FIKJ2RqXEio:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=Fas7IxgPsfE:FIKJ2RqXEio:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=Fas7IxgPsfE:FIKJ2RqXEio:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=Fas7IxgPsfE:FIKJ2RqXEio:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=Fas7IxgPsfE:FIKJ2RqXEio:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=Fas7IxgPsfE:FIKJ2RqXEio:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=Fas7IxgPsfE:FIKJ2RqXEio:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/Fas7IxgPsfE" height="1" width="1"/&gt;</description>
  <pubDate>Fri, 21 Aug 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.travolution.co.uk/articles/2009/08/21/2808/social-networkers-value-special-offers.html</guid>
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  <title>Brent Hoberman searches for new dotcom darlings</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/cEeXXbQAS4Y/Brent-Hoberman-searches-for-new-dotcom-darlings.html</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;Despite being on holiday, Brent Hoberman is on a mission: to scour Europe for the most energetic and disruptive businesses around. The man most famous for making a cool £26m from the sale of lastminute.com, the business he co-created with Martha Lane Fox, has now formed a venture capital fund called PROfounders.&lt;/b&gt; &lt;br&gt;&lt;br&gt;

Last December he teamed up with Michael Birch, the co-founder of Bebo, Peter Dubens, the man behind Pipex, and Jonathan Goodwin, who built up the boutique media advisory company Long Acre before selling it for £40m in 2007, to create a venture capital fund backed by businessmen, for businessmen. &lt;/p&gt;

You'd have to agree, it's an impressive group of entrepreneurs trying to find and then fund, the next set of dotcom darlings who have the ideas that will succeed in changing consumer behaviour yet again and disrupt the norm. So far the fund, which Hoberman jokingly calls the "real Dragons' Den", has raised £30m and will open itself up again to further funding from entrepreneurs in the autumn. He expects to be able to double that amount over the next 12 to 18 months.&lt;/p&gt;

"PROfounders Capital is looking for start-up technology businesses which are disruptive, scalable and innovative. We are really interested in ideas around less developed areas, such as education and health, which digitally haven't been revolutionised across Europe and could be very exciting. Different plays on ecommerce and video have been major focus points too."&lt;/p&gt;

To date the fund has only invested in one company; TweetDeck, a Twitter organisation tool, which Hoberman says will not be a typical type of investment made by the fund. "We have a less than 10pc stake invested in TweetDeck. There are other lead investors. A typical deal for us will be made earlier in a company's life and we like to have higher shares than 10pc.&lt;/p&gt;

"However, we did really want to get involved with TweetDeck as it's a British company with lots of momentum and energy that needs to figure out its monetisation plan. It already gets 25pc of Twitter's audience," he explains.&lt;/p&gt;

Hoberman remains tight-lipped about the next company in line to benefit from the PROfounder dragons' expertise, but does reveal that out of the 500 business plans submitted, there is now a shortlist of five, with negotiations ongoing.&lt;/p&gt;

The technology world and other movers in the European venture capital circle have welcomed the creation of PROfounders. There is hope resting on it actually managing to invest in smaller businesses which would be deemed too small for the well-established large VC funds. Ben Holmes, a partner at Index Ventures, one of the largest funds which has invested in the likes of Skype and Last.fm, says: "Successful entrepreneurs who are willing to invest time and money to support the next generation of start-ups are a vital part of the ecosystem and very complementary to the established venture capital funds"&lt;/p&gt;

At the mention of the niche his fund is trying to fill, a softly spoken Hoberman shows a flash of his passion. "I know that there is this gap which is why we really felt we could make a difference. Plus, we are not a family fund, as a lot of smaller funds tend to be and we are industrialised with a very formal structure – so I hope we can be broad-minded and look at ideas which usually could fall by the wayside."&lt;/p&gt;

The recession has also made raising capital for such funds a difficult task the world over. Hoberman thinks digital businesses have become riskier within the recession. "Online advertising rates have been hit hard which means it will take longer to build successful companies. There's not any less excitement out there but people are just having to be more sanguine.&lt;/p&gt;

"Companies must make sure they have raised enough money for themselves and have a realistic expectation of how long success will take to arrive. When we started lastminute.com, we raised £600,000 in our first round but it wasn't enough. Luckily we managed to raise a bridge loan. We too underestimated the amount of time it would take to be successful" he explains.&lt;/p&gt;

Hoberman and Co are not looking at the likes of Spotify, which he says now have the luxury of virtually naming their investment price to funds, because they have the momentum already. They won't mind the slow burners, which brings the conversation nicely onto his very own slow burner: mydeco.com.&lt;/p&gt;

Despite making the move to become a business enabler, he is not done with being an entrepreneur himself. Last February, he decided to create a meta-search site – a site which pulls together search results from several other search engines –for the furniture industry, which aimed to revolutionise interior design and the way people shop for furnishings.&lt;/p&gt;

The revolution has yet to happen. The site is still to be officially released, although is turning over money with a functioning display ad and commission-based commercial model in place. Hoberman admits its "getting there slowly" and according to him the site gets 600,000 unique users a month, with plans in place for a US launch.&lt;/p&gt;

It's easy to understand how he convinced a raft of influential backers to invest significant sums into mydeco, as well as securing over 500 deals with leading retailers, because the slowness doesn't bother him. In fact it almost seems to spur him on. As he coolly puts it, "We were early with lastminute.com and we are early again with mydeco.com There is a big market for what we're doing but we are ahead of the consumer."&lt;/p&gt;

However, others aren't too sure, feeling the product is a fudge between social networking and ecommerce and are wary to make the call on whether it will flop or fly.&lt;/p&gt;

Like his former business partner, Lane Fox, who was recently appointed by Gordon Brown as the UK's digital inclusion champion, he has plenty of other jobs and roles to keep him busy. Among his many roles, Hoberman sits on the board of the Guardian Media Group, is a member of the Business Council of Britain (alongside Sir Stuart Rose and Sir Alan Sugar), is contributing to the Conservatives' Creative Industry Review (headed up by Greg Dyke) and is on the board of Wayn.com – a travel and leisure social networking site, which he proudly tells me now has over 15m members.&lt;/p&gt;

However, entrepreneurs, and specifically company founders, are an issue clearly close to his heart. Another point of difference about PROfounders is the amount of personal involvement the partners plan to have with each company they invest in. Despite all his other commitments, Hoberman will be making time each week to sit on the boards of these companies and "make a difference".&lt;/p&gt;

"Investors or buyers of companies all too often underestimate the value of the founder. I firmly believe the maverick nature of a founder needs to be bottled and kept in companies. Lose that and then it all goes wrong."&lt;/p&gt;

So what does he think of lastminute.com now he and Fox have left the building? "It's hard for me to talk about it. I want it to do well but there are challenges. Plus I don't think Travelocity (the company which bought the site for £577m in 2005) have finished integrating it into the rest of their company yet," he says cryptically. Lastminute.com posted a £58.2m loss last year.&lt;/p&gt;

PROfounders Capital is a new calling for Mr Hoberman. Once the young digital entrepreneur himself – he is now looking for the stars of the next generation. However, I am not convinced he's quite finished innovating himself. Family: Married to Genevieve, an interior designer, and has three children.&lt;/p&gt;

Factfile&lt;/p&gt;

Lives Kensington.&lt;/p&gt;

Hobbies tennis, football and his family.&lt;/p&gt;

Drives Very rarely – but has a 10-year-old BMW convertible in need of help.&lt;/p&gt;

Politics Whoever can help British businesses the most.&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=cEeXXbQAS4Y:4s9YAQAL_6s:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=cEeXXbQAS4Y:4s9YAQAL_6s:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=cEeXXbQAS4Y:4s9YAQAL_6s:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=cEeXXbQAS4Y:4s9YAQAL_6s:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=cEeXXbQAS4Y:4s9YAQAL_6s:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=cEeXXbQAS4Y:4s9YAQAL_6s:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=cEeXXbQAS4Y:4s9YAQAL_6s:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=cEeXXbQAS4Y:4s9YAQAL_6s:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=cEeXXbQAS4Y:4s9YAQAL_6s:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/cEeXXbQAS4Y" height="1" width="1"/&gt;</description>
  <pubDate>Thu, 13 Aug 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.telegraph.co.uk/technology/news/6023739/Brent-Hoberman-searches-for-new-dotcom-darlings.html</guid>
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  <title>Ten things you could be missing out on the Internet</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/kQtJo63JbYc/x-17334-Sacramento-Internet-Examiner~y2009m7d23-Ten-things-you-could-be-missing-out-on-the-internet</link>
  <description>&lt;p&gt;&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;The Internet is a vast and expansive place. You could very easily get lost in everything that is out there. To help out a little, here is a small list of very impressive sites that can do things you might not have known about. They are in no particular order, just all great sites.&lt;/b&gt;&lt;br&gt;

&lt;p&gt;10."Twitter is a privately funded startup with offices in the SoMA neighborhood of San Francisco, CA. Started as a side project in March of 2006, Twitter has grown into a real-time short messaging service that works over multiple networks and devices. In countries all around the world, people follow the sources most relevant to them and access information via Twitter as it happens—from breaking world news to updates from friends. See what people are doing right now." -&lt;a target="_blank" href="http://twitter.com"&gt;&lt;strong&gt;Twitte&lt;/strong&gt;&lt;/a&gt;r, About us&lt;/p&gt; 

 &lt;p&gt;Twitter is a fast-growing social media site. You post tweets for other people to read and share. There is a "Find People" feature where you can find people with similar interests. For example, you are really into iPhones, so you would search and follow other people talking about their iPhones, iPhone news, links to reviews of apps, and so on.&lt;/p&gt; 


 &lt;p&gt;9."Facebook's mission is to give people the power to share and make the world more open and connected. Millions of people use Facebook everyday to keep up with friends, upload an unlimited number of photos, share links and videos, and learn more about the people they meet."-&lt;a target="_blank" href="http://facebook.com"&gt;&lt;strong&gt;Facebook&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt;  &lt;p&gt;Facebook is a great way promote a business or to stay connected with friends and family. Users get their own page to share pictures and videos, message with other users, and write in a blog.


&lt;p&gt;8."Netflix, Inc. is the world's largest online movie rental service, with more than 10 million subscribers. For one low monthly price, Netflix subscribers can get DVDs delivered to their homes and can instantly watch movies and TV episodes streamed to their TVs and computers, all in unlimited amounts. Subscribers can choose from over 100,000 DVD titles and a growing library of more than 12,000 choices that can be watched instantly. There are never any due dates or late fees. DVDs are delivered free to subscribers by first class mail, with a postage-paid return envelope, from 58 distribution centers. More than 97 percent of Netflix subscribers live in areas that generally receive shipments in one business day. Netflix has partnered with leading consumer electronics companies to offer a range of devices that can instantly stream movies and TV episodes to members' TVs from Netflix." -&lt;a target="_blank" href="http://netflix.com"&gt;&lt;strong&gt;Netflix&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt; 

 &lt;p&gt;Netflix is a fast and easy way to rent DVDs without having to worry about late fees, all from the comfort of your own home. In addition to the thousands of DVDs to choose from, they also have a great number of movies and TV shows that you can watch instantly on your computer. With a Netflix ready device, you can also stream the instant watch titles to your TV, Xbox 360, or Blu-ray player.&lt;/p&gt; 
 
 &lt;p&gt;7."With Pandora you can explore the vast trove of music from the Music Genome Project to your heart's content. Just drop the name of one of your favorite songs or artists into Pandora and let the Genome Project go. It will quickly scan its entire world of analyzed music, almost a century of popular recordings - new and old, well known and completely obscure - to find songs with interesting musical similarities to your choice. Then sit back and enjoy as it creates a listening experience full of current and soon-to-be favorite songs for you." -&lt;a target="_blank" href="http://pandora.com"&gt;&lt;strong&gt;Pandora&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt; 
 &lt;p&gt;Pandora is a nice program to have whether you are surfing the web and want some music in the background or you just want to play it for your guests at a party. Pandora helps you make your own musical assortment and build upon it. Once you build up your channels, you can share them with others.&lt;/p&gt; 

 &lt;p&gt;6."TinyURL and other like services solved a problem brought on by the advent of micro-blogging—limited message length. They do this by taking (sometimes incredibly long) URLs and creating a small compact one that redirects to the original. Solving one problem, though, created another one: obfuscation. There's no way to tell (for sure) where a shortened link goes by just looking at it. So, then, I could send you this link http://is.gd/2kz and tell you to check out the photos from my recent trip, when in fact I'm sending you to a video of Rick Astley singing "Never Gonna Give You Up". This is bad for users." -&lt;a target="_blank" href="http://longurl.org"&gt;&lt;strong&gt;LongURL&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt; 

 &lt;p&gt;LongURL is very handy to have. If your receive a shortened link from an unknown source, you might think twice before taking a chance of having your computer infected with a virus or being redirected to an undesirable website. With the LongURL site, you can enter the shortened link and have the original one revealed.&lt;/p&gt; 

 &lt;p&gt;5."GoodSearch is a search engine which donates 50-percent of its revenue to the charities and schools designated by its users. It's a simple and compelling concept. You use GoodSearch exactly as you would any other search engine. Because it's powered by Yahoo!, you get proven search results. The money GoodSearch donates to your cause comes from its advertisers — the users and the organizations do not spend a dime!" -&lt;a target="_blank" href="http://goodsearch.com"&gt;&lt;strong&gt;GoodSearch&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt;  &lt;p&gt;Now who wouldn't want to help out someone in need? Perhaps you would love to donate to your children's school or favorite charity, but do not have the means. Or maybe you just don't know how to go about choosing who to donate to. With GoodSearch you are doing something you probably already do every day - using search engines to find something - while contributing to a good cause. First you choose a charity, then you search the web like you normally do, and they donate real money to the charity of your choosing.&lt;/p&gt;  

 &lt;p&gt;4."5min is the leading syndication platform for broadband instructional, knowledge and lifestyle videos. Our library includes tens of thousands of videos across 20 categories and 140 subcategories, which are professionally produced and brand-safe.&lt;/p&gt; &lt;p&gt;5min features content from some of the world’s largest media companies as well as the most innovative independent producers. Video recipes, yoga and fitness routines, tech tutorials, DIY projects for home and garden, health videos on specific conditions, beauty and fashion tips, video game walk-throughs and much more." -&lt;a target="_blank" href="http://5min.com"&gt;&lt;strong&gt;5min&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt;  &lt;p&gt;Everyone has something they need to learn how to do. Sometimes after reading long, badly written directions you can become even more confused. That is why this site is so great. Tons of videos from how to tie shoes, to changing the oil in your car, there is something for everyone here. The videos walk you through everything step by step, and give a great visual aid to make it less confusing. Everyone needs help sometimes, and thats why it is good to bookmark a site like this.&lt;/p&gt;  

&lt;p&gt;3. "This site is founded on the theory that people will get so incredibilly bored as to type things like "I'm Bored" into their search engines just to see what happens. This is a list of sites we think will help to cure your boredom. New content is added all the time, so check back often." -&lt;a target="_blank" href="http://i-am-bored.com"&gt;&lt;strong&gt;i am bored&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt;  &lt;p&gt;i-am-bored.com is a great way to find something interesting to fill those times when you are, well, bored. They have everything from things that will make you laugh, to quizes, games and lists of funny campaign ads. Not everything is suitable for all ages, but the site is very well rounded and everyone can find something to enjoy. &lt;/p&gt;  

&lt;p&gt;2. "WAYN is the fastest growing travel and lifestyle social networking community website in the UK. WAYN is present in 251 countries and membership has grown from 45,000 users in March 2005 to over 15 million today. WAYN helps you to keep track of all your contacts from around the world and make new friends based on where you are now, where you have been and where you are going!" -&lt;a target="_blank" href="http://wayn.com"&gt;&lt;strong&gt;Wayn&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt;  &lt;p&gt;If you travel often or live in a travel destination WAYN is a great social media site that allows you to broadcast your travels, and connect with people all over the world. It helps people learn about new places while meeting new friends along the way. Whether you travel for work or for fun, you can use WAYN as an outlet to talk about your trip, or to find out lots of information about where you will be before you even get there.&lt;/p&gt; 

  &lt;p&gt;1. "The goal of TryPhone is to show you how things REALLY work (not how they were designed to work) – without marketing hype – to help you make a better, more informed purchasing decision." -&lt;a target="_blank" href="http://tryphone.com"&gt;&lt;strong&gt;Tryphone&lt;/strong&gt;&lt;/a&gt;, About us&lt;/p&gt; &lt;p&gt;Are you thinking about buying a new phone? Your preferred provider's local store may have phones out on display, but a lot of times they are "dummy" phones that don't actually work. Plus the sales associates can be pushy, keeping you from being able to really focus on different phone's features. Sometimes you might even be forced into choosing a phone you don't really know anything about, making you a very unhappy customer. TryPhone is nice because it allows you to use your computer to play with and try out a different phone models. This allows you to see all of the features, and make an educated choice before ever stepping foot on a sales floor. If you are getting ready to purchase a new phone, even if know what you want, take advantage of the site and try it out first.&lt;/p&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kQtJo63JbYc:nVj8JBiT9E4:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kQtJo63JbYc:nVj8JBiT9E4:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kQtJo63JbYc:nVj8JBiT9E4:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=kQtJo63JbYc:nVj8JBiT9E4:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kQtJo63JbYc:nVj8JBiT9E4:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kQtJo63JbYc:nVj8JBiT9E4:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kQtJo63JbYc:nVj8JBiT9E4:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=kQtJo63JbYc:nVj8JBiT9E4:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=kQtJo63JbYc:nVj8JBiT9E4:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/kQtJo63JbYc" height="1" width="1"/&gt;</description>
  <pubDate>Thu, 23 Jul 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.examiner.com/x-17334-Sacramento-Internet-Examiner~y2009m7d23-Ten-things-you-could-be-missing-out-on-the-internet</guid>
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 <item>
  <title>Travel websites: new tricks to get your clicks </title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/1O7qi4iSLx8/article6575793.ece</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;Travel is already one of the most successful sectors on the internet, but travel websites are still trying to figure out how to get us to spend, and not just click. &lt;/b&gt;&lt;br&gt; 

A host of website launches in recent weeks offer an interesting insight into how different companies plan to do this – and they come from such travel luminaries as Virgin, Saga, Ryanair and the founder of moneysupermarket.com.&lt;p&gt;

Getting readers isn’t the hard bit - the most searched for product or service by internet users the world over in 2008 was holidays or destinations and the third flights, trains and other modes of travel (second was electronics).&lt;p&gt;

This is according to Universal McCann, which claims that 62 per cent of internet users had searched the former and 57 per cent the latter. &lt;p&gt;

In addition, Google says we now search an average four travel sites per visit, up from 2.5 – so there’s more clicks to go around. How are travel companies trying to grab these and "monetise" them?&lt;p&gt;

While Virgin has followed British Airways into the online community arena, Saga has gone one step further and mimicked the success of WAYN by getting it’s online community to meet in person – then there’s Simon Seeks, which is offering financial incentives to contributors.&lt;p&gt;

We’ll start with Virgin’s &lt;a href="http://www.vtravelled.com"&gt;vtravelled.com&lt;/a&gt;. It looks great, with stunning photography and sexy navigation.&lt;p&gt;

There’s plenty of destination content, which is listed and mapped – the only shame is that not a lot of it is from users yet – most of it is bought-in. This is bound to grow, but until it reaches critical mass, the site isn’t likely to challenge the likes of &lt;a href="http://www.tripadvisor.co.uk"&gt;Tripadvisor&lt;/a&gt; 
or &lt;a href="http://www.wayn.com"&gt;WAYN&lt;/a&gt;.&lt;p&gt;

One way round the content problem? Pay your contributors – or rather offer them incentives.&lt;p&gt;

This is the approach of &lt;a href="http://www.simonseeks.com"&gt;Simon Seeks&lt;/a&gt;, the site developed by moneysupermarket.com and travelsupermarket.com founder Simon Nixon. The site hand picks content from anyone who wishes to contribute and offers writers a commission based on sales or advertising generated off the back of their review.&lt;p&gt;

The content is impressive for such a young site and there’s a good selection of well-known travel writers already involved.&lt;p&gt;

The site benefits from stringent editing, great photography and good navigation, which puts it, in my view, ahead of other communities like &lt;a href="http://www.lonelyplanet.com/thorntree/index.jspa"&gt;Thorn 
Tree&lt;/a&gt; and &lt;a href="http://trustedplaces.com"&gt;Trusted Places&lt;/a&gt; in terms of being content rich and easy to navigate. &lt;p&gt;


But pulling travellers away from their favourite sites won't be easy - and as for getting flight and holiday bookings? The deals will have to be unbeatable.&lt;p&gt;

Saga, on the other hand, has an established community that it hasn’t had to pay – it’s plucked them from a growing audience – the internet-savvy grey market.&lt;p&gt;

Its online community, &lt;a href="http://www.sagazone.co.uk"&gt;Saga Zone&lt;/a&gt;, has gained more than 55,000 members since its October 2007 launch. This community of over-50s is not huge, but it is targeted – the forums are frequently updated and topics like cruise, camping and caravanning and accessible travel are high on the agenda.&lt;p&gt;

More than simply nurture the forums, Saga had gone one step further, and got its users together in person - something WAYN &lt;a href="http://www.timesonline.co.uk/tol/travel/news/article6414056.ece"&gt;has 
found success with&lt;/a&gt; for a couple of years now. &lt;p&gt;

The most recent Saga gathering - an overnight cruise from Dover to Newcastle - cost members £150 each and attracted 150 people. The company is now considering two more cruises for later in the year tailored according to feedback on Saga Zone.&lt;p&gt;

It’s not a patch on selling a full holiday in terms of revenue, but it generates brand loyalty and earns a little extra.&lt;p&gt;

One company that is now earning more than a little from its extras is &lt;a href="http://www.ryanair.com"&gt;Ryanair&lt;/a&gt;. On top of its various baggage, check-in and priority boarding charges, plus the revenue it gets from extras like hotels and car rental, the carrier’s latest wheeze is to offer discounts on online purchases from clothes to toiletries and stationery. Its tie up with Webloyalty, announced today, costs £10 a month.&lt;p&gt;

Twitter is a tool that's already being harnessed with varying success by travel companies, tourist boards and others.&lt;p&gt;

The cityblogs site, &lt;a href="http://www.SpottedbyLocals.com"&gt;Spotted by Locals&lt;/a&gt;, is a Twitter veteran, but its latest move, to launch 21 &lt;a href="http://www.SpottedbyLocals.com/contact/twitter-channels"&gt;21 
new Twitter channels&lt;/a&gt; dedicated to its featured cities, is one we'll watch with interest. The cityblogs are insightful and fresh, but the Twitter content will rely on regular updating that goes beyond the first few weeks of launch.&lt;p&gt;

Which will succeed? Virgin’s polished site suits its sexy brand image, Saga’s tapped into a market known for its loyalty, Ryanair will need some tempting discounts to make people part with their tenner, while Simon Seeks is breaking the mould with a new model.&lt;p&gt;

Would you use your four clicks to click on these four sites? What about spending money with them? Now that’s the 64,000 dollar question. &lt;p&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1O7qi4iSLx8:R-fxTxhEXHQ:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1O7qi4iSLx8:R-fxTxhEXHQ:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1O7qi4iSLx8:R-fxTxhEXHQ:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=1O7qi4iSLx8:R-fxTxhEXHQ:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1O7qi4iSLx8:R-fxTxhEXHQ:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1O7qi4iSLx8:R-fxTxhEXHQ:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1O7qi4iSLx8:R-fxTxhEXHQ:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=1O7qi4iSLx8:R-fxTxhEXHQ:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=1O7qi4iSLx8:R-fxTxhEXHQ:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/1O7qi4iSLx8" height="1" width="1"/&gt;</description>
  <pubDate>Thu, 25 Jun 2009 00:00:00 GMT</pubDate>
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 <item>
  <title>Website of the week: wayn.com</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/5qhfnGYpQKY/Website-week-wayn-com.html</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;WAYN - standing for &lt;a href="http://www.wayn.com/waynsplash.html" target=_blank&gt;Where Are You Now?&lt;/a&gt;
 - was created by two backpackers who,chatting over a pint, came up with the idea as a means of keeping in touch with friends they'd made around the world. &lt;/b&gt;&lt;br&gt; &lt;br&gt;

Now with 15 million members worldwide, it's become the leading social networking website for travellers.&lt;br&gt; &lt;br&gt;

Say you're going to Sydney, Australia. First register.&lt;br&gt; &lt;br&gt;

Then click on the 'find' panel on the homepage, and you can see lists of WAYN members who are in Sydney now (many may be residents), or who have been there, or who are going there.&lt;br&gt; &lt;br&gt;

You can filter out people by nationality, gender and age, and specify travel dates - so if you wanted, you could end up with a list of British girls in their 30s who are going to be in Sydney when you are.&lt;br&gt; &lt;br&gt;

Click on their photo and you can browse their profile, including their general interests and details of their travels. If you like what you see, you can contact them and suggest meeting up.&lt;br&gt; &lt;br&gt;

There are various other ways you can use WAYN. For example, you can keep in touch with friends and family on a trip by loading photos, videos and blogs on to your page on the website, or you could use the new 'plans' feature to send out Twitter-styled short messages to see what your friends 'are up for doing'.&lt;br&gt; &lt;br&gt;

Strengths

The size of the membership means that wherever you may be going, there's a good chance you can find like-minded people to interact with and possibly meet - though note that the majority of members are under 35. &lt;br&gt; &lt;br&gt;
Weaknesses

The website has just been relaunched, in order to make it simpler to use and more lifestyle focused.&lt;br&gt; &lt;br&gt;

But for first-time users, it's still overly complicated, and from a travellers' perspective, the lifestyle stuff just confuses matters. Also, I had major problems trying to register.&lt;br&gt; &lt;br&gt;

Ratings

Inspiring 4/5
Useful 4/5
Easy to use 2/5&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5qhfnGYpQKY:sq3QAtOLo2g:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5qhfnGYpQKY:sq3QAtOLo2g:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5qhfnGYpQKY:sq3QAtOLo2g:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=5qhfnGYpQKY:sq3QAtOLo2g:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5qhfnGYpQKY:sq3QAtOLo2g:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5qhfnGYpQKY:sq3QAtOLo2g:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5qhfnGYpQKY:sq3QAtOLo2g:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=5qhfnGYpQKY:sq3QAtOLo2g:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5qhfnGYpQKY:sq3QAtOLo2g:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/5qhfnGYpQKY" height="1" width="1"/&gt;</description>
  <pubDate>Fri, 05 Jun 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.dailymail.co.uk/travel/article-1190855/Website-week-wayn-com.html</guid>
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 <item>
  <title>WAYN travellers meet - and not a backpacker in sight </title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/XkM2BEszy3c/article6414056.ece</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt;The boom in social networking sites means meeting like-minded people online has never been easier. But what happens when an online travel community meets in person? &lt;/p&gt;&lt;/b&gt;&lt;br&gt;

Dressed to impress and sipping cocktails on the roof terrace of a London club, the guests – largely young professionals in their twenties and thirties – are at ease as they chat with friends. &lt;br&gt;&lt;br&gt;

Yet few of these people are actually "friends" in the strict sense of the word. They all have one thing in common: they are members of &lt;a href="http://www.wayn.com" target=_blank&gt;WAYN&lt;/a&gt;, the online social networking site ambitiously dubbed the "Facebook of travel", and they are here to meet up with online acquaintances and make new ones. &lt;br&gt;&lt;br&gt;

The atmosphere is relaxed and guests mingle in groups of two's and three's. There is none of the awkwardness you might expect from a crowd people who have never met face to face before. &lt;br&gt;&lt;br&gt;

“It’s a very laid back vibe,” says Alexa Warren, 27, an events manager from West London, who likened the party to a speed dating event. &lt;br&gt;&lt;br&gt;

“Nobody really knows each other, so once you’ve had a couple of drinks, you feel you can go up to anyone and strike up a conversation – it’s not at all uncomfortable because we’re all here for the same reason.”&lt;br&gt;&lt;br&gt;

The party, held at The Roof Gardens in Kensington, is one of several get-togethers hosted every year by WAYN to encourage members to meet in person. &lt;br&gt;&lt;br&gt;

“WAYN is very social,” says co-founder Peter Ward. “Where sites like Facebook are very much about your existing friends, what’s special about WAYN is that you use it to make new friends. People are here to meet like-minded people who are interested in travel.”&lt;br&gt;&lt;br&gt;

Guests can be overheard swapping holiday anecdotes and discussing future trips – everything from a weekend break in Paris, to a stag do in Las Vegas or a month-long trip to India. &lt;br&gt;&lt;br&gt;

In recent years WAYN has managed to shake off its image as a site catering just for young people, broadening its appeal beyond the original fan base of gap year students and backpackers and increasing its membership to over 15 million from just 50,000 five years ago. &lt;br&gt;&lt;br&gt;

“People used to think WAYN was for kids,” says Ward. “But not anymore. It’s about meeting new, different types of people – perhaps that’s something that only travellers really understand.”&lt;br&gt;&lt;br&gt;

And if the diverse mix of guests attending the party is anything to go by, WAYN has succeeded in its mission. There is not a gap year student in sight.&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=XkM2BEszy3c:RVkzN-wV8uU:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=XkM2BEszy3c:RVkzN-wV8uU:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=XkM2BEszy3c:RVkzN-wV8uU:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=XkM2BEszy3c:RVkzN-wV8uU:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=XkM2BEszy3c:RVkzN-wV8uU:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=XkM2BEszy3c:RVkzN-wV8uU:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=XkM2BEszy3c:RVkzN-wV8uU:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=XkM2BEszy3c:RVkzN-wV8uU:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=XkM2BEszy3c:RVkzN-wV8uU:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/XkM2BEszy3c" height="1" width="1"/&gt;</description>
  <pubDate>Fri, 05 Jun 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.timesonline.co.uk/tol/travel/news/article6414056.ece</guid>
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 <item>
  <title>Share your vacation with these online services</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/F69GE4Id6rU/8301-17939_109-10241726-2.html</link>
  <description>&lt;/p&gt;&lt;p style="text-align: justify;"&gt;&lt;b&gt; It's almost summer. Chances are, you'll soon be vacationing somewhere in the world. But what if you want to share that vacation with loved ones? &lt;/p&gt;&lt;/b&gt;&lt;br&gt;

With the help of these vacation-sharing tools you'll be able to do just that. You can document where you've been, share pictures, and upload videos. And you'll probably enjoy reliving the experience.

&lt;p&gt;&lt;strong&gt;&lt;a href="http://www.everytrail.com/"&gt;EveryTrail&lt;/a&gt;&lt;/strong&gt;  EveryTrail populates your profile page with all the places you've been on vacation.  But instead of requiring you to do it yourself, the site uses your GPS device and photos to do it for you.  Whenever you go on vacation and bring your GPS device with you, EveryTrail will take your GPS tracks to plot where you've been.  When you upload photos to the site, you can add them to the map to show where they were taken.  You can also add descriptions to the locations and photos to provide more detail on what you've done.  Although EveryTrail requires you to have a GPS device to enjoy it, I think you'll really like it.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;a href="http://www.hereorthere.com/"&gt;Here or There?&lt;/a&gt;&lt;/strong&gt;  Here or There is a place to share all your travel experiences in a blog.  You can post pictures, videos, and share your vacation with readers.  You can also check out other travel blogs from other users to see how their vacations went.  Here or There is a nice idea that works well.  &lt;/p&gt;

&lt;p&gt;&lt;strong&gt;&lt;a href="http://www.mytripbook.com/"&gt;myTripBook&lt;/a&gt;&lt;/strong&gt;  myTripBook lets you record and share all your travel experiences.  For each trip you take, you'll create a diary detailing what you did on your vacation.  You can add photos and videos to supplement your content.  The site also boasts a recommendations tab so you can tell your readers which bars and restaurants you recommend.  myTripBook is a nice service and its trip tracking is outstanding.   &lt;/p&gt;

&lt;p&gt;&lt;strong&gt;&lt;a href="http://realtravel.com/why_blog"&gt;RealTravel&lt;/a&gt;&lt;/strong&gt;  RealTravel might focus mainly on the dissemination of travel information, but its blog page gives you the opportunity to share your travel experiences.  Once you create your free blog, you can use the site's interactive maps to route your trip.  You can upload an unlimited number of photos and share slideshows with friends through automatic e-mails that are sent whenever your blog is updated.  You can also follow your friends' blogs.  RealTravel's blogs section is worth trying out.&lt;/p&gt;

&lt;div class="cnet-image-div image-regular float-right" style="width: 300px;"&gt;&lt;img class="cnet-image" src="http://i.i.com.com/cnwk.1d/i/bto/20090515/realtravel.jpg" alt="RealTravel" width="300" height="357"&gt;&lt;p class="image-caption"&gt;RealTravel has great blogs.&lt;/p&gt;&lt;span class="image-credit"&gt;(Credit: Don Reisinger/CNET)&lt;/span&gt;&lt;/div&gt;
&lt;!--pagebreak--&gt;
&lt;p&gt;&lt;strong&gt;&lt;a href="http://www.travbuddy.com/"&gt;TravBuddy&lt;/a&gt;&lt;/strong&gt;  TravBuddy gives you the option to create a blog and detail how your vacation went.  You can write a full description of your vacation, upload photos, and allow others to comment.  You can even review the different places you've been to share your experiences with others.  The TravBuddy blogs aren't as nice as RealTravel's and they don't offer the extras, like slideshows.  But they're still nice if you want to quickly share experiences.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;a href="http://triptie.com/"&gt;TripTie&lt;/a&gt;&lt;/strong&gt;  TripTie is one, big online community of travelers sharing their vacation stories.  You can talk about your favorite places, share travel tips, and upload photos.  You can even input how much each activity cost and provide contact information to make it easier for others to go where you went.  TripTie is a really neat site.   &lt;/p&gt;

&lt;p&gt;&lt;strong&gt;&lt;a href="http://www.vcarious.com/"&gt;VCarious&lt;/a&gt;&lt;/strong&gt;  VCarious is one of the nicest travel-sharing sites on the Web.   While you're on vacation, you can create a VCarious journal, so you can detail every second of your trip.  You can upload photos to supplement your journal.  And if you want to make sure others do what you did, you can even write a travel guide, which can be viewed by the entire VCarious community.  My favorite feature is the site's "Visuals."  Instead of writing out your travels, you can use the Visuals tab to place photos on points on a map where you've been.  It's a neat tool that adds even more value to an otherwise great site.  I highly recommend it.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;&lt;a href="http://www.wayn.com"&gt;WAYN&lt;/a&gt;&lt;/strong&gt;  WAYN (Where Are You Now?) is a well-designed, highly detailed site that combines social networking with travel in a package that's second to none.  When you want to share your vacation experience, you can upload pictures, input what you're doing at any moment with a Twitter-like service, and blog about your travels.  You can also post videos of where you've been.  But it's the site's design that makes it outstanding.  It's clean and intuitive.  I was quite impressed.  &lt;/p&gt;

&lt;div class="cnet-image-div image-regular float-right" style="width: 300px;"&gt;&lt;img class="cnet-image" src="http://i.i.com.com/cnwk.1d/i/bto/20090515/Wayn.jpg" alt="Wayn" width="300" height="91"&gt;&lt;p class="image-caption"&gt;WAYN brings a Twitter-like service to travel.&lt;/p&gt;&lt;span class="image-credit"&gt;(Credit: Don Reisinger/CNET)&lt;/span&gt;&lt;/div&gt;

&lt;p&gt;&lt;/p&gt;&lt;h2&gt;The Top 3&lt;/h2&gt;
&lt;p&gt;Trying to quickly find the top vacation-sharing services?  Here you go:&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;1. WAYN&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;2. VCarious&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt; 3. myTripBook&lt;/strong&gt;&lt;/p&gt;
&lt;/div&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=F69GE4Id6rU:rMXf6R45o1w:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=F69GE4Id6rU:rMXf6R45o1w:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=F69GE4Id6rU:rMXf6R45o1w:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=F69GE4Id6rU:rMXf6R45o1w:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=F69GE4Id6rU:rMXf6R45o1w:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=F69GE4Id6rU:rMXf6R45o1w:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=F69GE4Id6rU:rMXf6R45o1w:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=F69GE4Id6rU:rMXf6R45o1w:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=F69GE4Id6rU:rMXf6R45o1w:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/F69GE4Id6rU" height="1" width="1"/&gt;</description>
  <pubDate>Fri, 15 May 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://news.cnet.com/8301-17939_109-10241726-2.html</guid>
 <feedburner:origLink>http://news.cnet.com/8301-17939_109-10241726-2.html</feedburner:origLink></item>
 <item>
  <title>Wayn to relaunch and take on Twitter</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/7mysV2JovA0/</link>
  <description>&lt;strong&gt;LONDON - Travel social networking website Wayn is relaunching its site next week, shifting its focus from travel to lifestyle in an attempt to grow its active membership.&lt;/strong&gt;&lt;/p&gt;
&lt;a href="http://www.wayn.com" target="_blank"&gt;Wayn.com&lt;/a&gt;, which stands for Where Are You Now?, will have a radically restructured design that allows users to share their future plans and aspirations in small posts, similar to that on micro-blogging site &lt;a href="http://www.twitter.com" target="_blank"&gt;Twitter&lt;/a&gt;.&lt;/p&gt; &lt;p&gt;Peter Ward, Wayn co-creator, told the Telegraph.co.uk: "The idea is that you can effectively plan what you are up for doing in the future.&lt;/p&gt; &lt;p&gt;"So you can talk about what you are doing this evening or that you are up for going snow boarding or up for learning a language.&lt;/p&gt;&lt;p&gt;"It will be a micro blogging platform like Twitter, but it's not about what you are doing now.&lt;/p&gt; &lt;p&gt;"From a social networking paradigm, if you know that one of your friends is up for going to Brazil in July, you might want to join them, give them tips or put them in touch with friends.&lt;/p&gt;&lt;p&gt;"There's a lot more reason for engagement."&lt;/p&gt; &lt;p&gt;Wayn's new site will also feature Facebook Connect log-ins, which will allow users to connect their &lt;a href="http://www.facebook.com" target="_blank"&gt;Facebook&lt;/a&gt; profile with their Wayn profile.&lt;/p&gt; &lt;p&gt;Other changes planned as part of the site's restructure include a repositioning of the commercial model for advertisers.&lt;/p&gt; &lt;p&gt;Wayn, which has a total of over 15m members, with about 8m of these active each month, intends to add a behavioural advertising system that will allow businesses to target users based on the "plans" that they write on the site.&lt;/p&gt; &lt;p&gt;Jerome Touze, co-founder of Wayn, said: "At the moment we don't collect keyword information from our members.&lt;/p&gt;&lt;p&gt;"But if we know what people are intending to do in the future that provides a lot more value to advertisers who could meet that need."&lt;/p&gt; &lt;p&gt;The company is also planning to open an API system for third party widgets.&lt;/p&gt;&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=7mysV2JovA0:6fJIlrfwFQg:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=7mysV2JovA0:6fJIlrfwFQg:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=7mysV2JovA0:6fJIlrfwFQg:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=7mysV2JovA0:6fJIlrfwFQg:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=7mysV2JovA0:6fJIlrfwFQg:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=7mysV2JovA0:6fJIlrfwFQg:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=7mysV2JovA0:6fJIlrfwFQg:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=7mysV2JovA0:6fJIlrfwFQg:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=7mysV2JovA0:6fJIlrfwFQg:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/7mysV2JovA0" height="1" width="1"/&gt;</description>
  <pubDate>Thu, 16 Apr 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.brandrepublic.com/News/898828/Wayn-relaunch-Twitter/</guid>
 <feedburner:origLink>http://www.brandrepublic.com/News/898828/Wayn-relaunch-Twitter/</feedburner:origLink></item>
 <item>
  <title>Why there is a fair bit to admire about WAYN</title>
  <link>http://feeds.wayn.com/~r/wayn-mediacoverage/~3/5xcDlRP3noQ/why-there-is-a-fair-bit-to-adm.php</link>
  <description>&lt;a href="http://www.wayn.com/"&gt;Where Are You Now?&lt;/a&gt; has had plenty of detractors in its relatively short history.&lt;br&gt;&lt;br&gt;A round-up of general negative opinions would feature probably a few of the following comments: "Too much spammy email." "It's just a dating site dressed up as a travel social network".&lt;br&gt;&lt;br&gt;So today's &lt;a href="http://www.travolution.co.uk/Articles/2009/04/14/2436/wayn-in-major-relaunch-and-overhaul-of-strategy.html"&gt;news that the founders are radically overhauling the WAYN offering&lt;/a&gt; may trigger a few rueful smiles from some of its harshest critics.&lt;br&gt;&lt;br&gt;I was invited to &lt;a href="http://www.wayn.com/"&gt;WAYN&lt;/a&gt; HQ in London last week to meet with co-founder Jerome Touze, ahead of the announcement being given to a consumer title (&lt;a href="http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/technology/5154438/British-social-networking-site-WAYN-takes-on-Twitter.html"&gt;The Daily Telegraph&lt;/a&gt;) and the business media (us, luckily).&lt;br&gt;&lt;br&gt;His partners at the top of the ladder have stayed away from the limelight in recent months (Mike Lines, in reality, has never been seen as the public face of WAYN and Peter Ward has spent most of his time with the core development team in Poland), leaving Touze to front much of the relaunch of WAYN.&lt;br&gt;&lt;br&gt;The latest chapter for WAYN is pretty simple: the trio realised something needed to be done to address the image WAYN has amongst the wider consumer base (restricting its growth), extend its remit into other areas (i.e. become a wider, lifestyle brand) and overhaul its, as Touze admits, cluttered user experience.&lt;br&gt;&lt;br&gt;Supporting this, they hope, will be a new business model which will see advertisers given highly targerted leads through a new behavioural targeting system.&lt;br&gt;&lt;br&gt;The idea is that members will now be answering the question, through the Plans functionality: "What are you up for doing?"&lt;br&gt;&lt;br&gt;They will then have the opportunity to see offers from advertisers based on what they are planning to do and, hopefully, forward on to their friends.&lt;br&gt;&lt;br&gt;So, what is all the fuss about? Why does WAYN gather plaudits and criticism in equal measures?&lt;br&gt;&lt;br&gt;One of the main things to admire (as the headline above suggests) about WAYN is that they have never been afraid to re-engineer the business, and talk about it so publicly.&lt;br&gt;&lt;br&gt;[Obviously, from a journalist's perspective, they are eminently quotable because of their brutal honesty]&lt;br&gt;&lt;br&gt;"We have done some things right, but have done many things very wrong," admits Touze. "I look at some things now and say: 'what the f**k were we thinking."&lt;br&gt;&lt;br&gt;And this is what makes WAYN such an interesting company, not because of the offering (which, depending on your point of view, is a very interesting idea especially when you factor in the new functionality and design) but simply because it is willing to take risks.&lt;br&gt;&lt;br&gt;There are many firms across the travel sector which plough away at the same model for years, despite all evidence to the contrary that times have moved on and a new approach should be made.&lt;br&gt;&lt;br&gt;The &lt;a href="http://www.travolution.co.uk/articles/2007/06/12/909/new-model-for-wayn.html"&gt;last round of soul-searching took place in early-2007&lt;/a&gt; when, shortly after receiving a round of funding from the likes of Brent Hoberman, David Soskin, Hugo Burge, the founders of Active Hotels and Esprit Capital Partners, WAYN dropped much of the subscription barriers which were preventing growth.&lt;br&gt;&lt;br&gt;And, so, WAYN reaches 2009 and a vastly different social media landscape and web users who are demanding much more, but on simpler terms.&lt;br&gt;&lt;br&gt;Whether the new strategy works - let's face it, Twitter and Facebook have stolen a march on WAYN, if you see its latest incarnation as a direct competitor - will be troubling the founders for the rest of 2009.&lt;br&gt;&lt;br&gt;The detractors, to return to them once again, will also be watching closely to see if the bright young things of London entrepreneurland can pull it off.&lt;br&gt;&lt;br&gt;It seems blindingly obvious, however, that 15 million members (how many of those are active, is the burning question, of course), a number which WAYN has reached this month, will be the judge of whether the network can pull off another overhaul.&lt;div class="feedflare"&gt;
&lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5xcDlRP3noQ:PJ3iydzJskQ:yIl2AUoC8zA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=yIl2AUoC8zA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5xcDlRP3noQ:PJ3iydzJskQ:7Q72WNTAKBA"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=7Q72WNTAKBA" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5xcDlRP3noQ:PJ3iydzJskQ:V_sGLiPBpWU"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=5xcDlRP3noQ:PJ3iydzJskQ:V_sGLiPBpWU" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5xcDlRP3noQ:PJ3iydzJskQ:qj6IDK7rITs"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=qj6IDK7rITs" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5xcDlRP3noQ:PJ3iydzJskQ:l6gmwiTKsz0"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=l6gmwiTKsz0" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5xcDlRP3noQ:PJ3iydzJskQ:gIN9vFwOqvQ"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?i=5xcDlRP3noQ:PJ3iydzJskQ:gIN9vFwOqvQ" border="0"&gt;&lt;/img&gt;&lt;/a&gt; &lt;a href="http://feeds.wayn.com/~ff/wayn-mediacoverage?a=5xcDlRP3noQ:PJ3iydzJskQ:DN0H40_Ym5U"&gt;&lt;img src="http://feeds.feedburner.com/~ff/wayn-mediacoverage?d=DN0H40_Ym5U" border="0"&gt;&lt;/img&gt;&lt;/a&gt;
&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/wayn-mediacoverage/~4/5xcDlRP3noQ" height="1" width="1"/&gt;</description>
  <pubDate>Wed, 15 Apr 2009 00:00:00 GMT</pubDate>
  <guid isPermaLink="false">http://www.travolution.co.uk/blog/2009/04/why-there-is-a-fair-bit-to-adm.php</guid>
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