Oodle Buys Grouply: Moving the Social Graph Beyond (Just) Friends
Group software seems obsolescent in the social revolution. Or is it?
A few weeks ago, John Battelle’s Federated Media acquired Big Tent, the women’s group enabler with 1.3 million users. It apparently plans to target women with very specific advertising.
Oodle, the mega-classifieds platform, has now followed course, buying Grouply, which is described by TechCrunch as “a do-it-yourself social network built on top of Google Groups and Yahoo Groups.” Oodle isn’t disclosing how much it paid, but Grouply had been funded by VCs (including LinkedIn’s Reid Hoffman) to the tune of $2.6 million.
So, what can you do with group software? Oodle CEO Craig Donato sees it as a first step to moving social media beyond just friends. He notes that groups bring in different kinds of conversations in a social context, whether people are giving things away, want to talk to other mothers, or share tips on recycling. Among “first degree friends,” there simply isn’t enough liquidity to engage in robust commerce, he hints.
While the social graph is still mostly about friends, the graphs are getting more complicated, adds Donato. “There are lots of circles, and lots of different affinities. The texture to the graph is incredibly important for commerce. The sweet spot is two or three degrees of separation. This might include friends of friends, college classmates or people from your hometown.