MOMO'S BREAKOUT BOARD

[balamidas]

$$$$ZLUS must read :PSC had a long chat with ZLUS on Friday and they re-iterated to us their intention to create a category killer in their chosen space. Their site offers adults a chance to start their own groups with no censorship.

The team @ ZLUS has a slate of creative initiatives aimed @ sparking an influx of membership.

They understand they are not the first in the space but being first in any space is not necessarily a good thing. The team @ ZLUS can learn from other people's mistakes in the social networking and "adult oriented" social networking.


Facebook was not first but they certainly are the best in their space. ZLUS thinks theadultspot.com can become the Facebook of the adult oriented social network world.



The social media sector continues to be a hot sector for VC and big investors all over the world.


Investors like Digital Sky Technologies are very aggressive and are looking for deals on a continual basis. Digital Sky Technologies made a splash when they bought a stake in Facebook.

http://ceoworld.biz/ceo/2009/05/25/why-russian-investment-firm-digital-sky-technologies-dst-of-yuri-milner-mailru-offers-facebook-200-million

Recently, Digital Sky Technologies made more headlines when they announced their intention to invest $1 Billion USD in social network companies.

http://www.kokeytechnology.com/internet-news/digital-sky-technologies-seeks-to-invest-1-billion-on-social-media-companies/

If the big boys want into social network, we think PSC members should get into the space as well.

ZLUS is a great spot to be. As for valuations, we think ZLUS could really run here.

The social media space has wild valuations and they show no sign of slowing down.

If ZLUS acquires members at the pace they project, the valuation of the company would have to be revised on a regular basis