During a conference call yesterday on the results of the MoneyTree Report (That’s right, they’ve changed the name from Survey to Report), Renton-based Classmates came up.
The call spent most of the time analyzing where venture capital was invested during the first quarter, but it focused for a considerable amount of time on the idea of social networking and the next wave of the Internet. See today’s story here.
That’s when a reporter asked: “Could MySpace lose its groove. At one time Classmates was the latest thing, and now I’m not sure if that’s hot any more.”
The company, founded in 1995, was purchased by United Online in 2004 and today claims millions of members in the U.S. and Canada with friends and acquaintances from school, work and the military.
What do you think? Does Classmates still have the right stuff?