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Ning Fails at Free Social Networking

Ning, a brainchild of Netscape bazillionaire Marc Andreessen that was designed to let anyone make a social network about anything for free, won’t do it anymore. Each of the service’s 2.3 million networks’ users will disappear unless its creator either pays Ning or migrate the network to another platform.

So much for “free” as the future of business — as far as Ning goes, anyway. The company accepted hundreds of millions of dollars from investors, and they apparently want more of a return than Ning is able to provide as a free service.

Read More @ Wired
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