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SocialMedia Networks CEO Seth Goldstein to Discuss the Future of Social Media Startups at The Dealmaker Forum - Social Media

Posted on: Tuesday, 29 April 2008, 12:00 CDT

MOUNTAIN VIEW, Calif., April 29 /PRNewswire/ -- SocialMedia Advertising Network announced today that CEO Seth Goldstein will speak on the panel "What's the Future of Social Media Startups?" on Wednesday April 30, 2008, at The Dealmaker Forum - Social Media.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080429/AQTU109LOGO)

As the numbers of social media companies continue to increase and fight to maintain the top spot as the leader of all things web 2.0, Goldstein and other expert speakers will provide insight into navigating this ever changing landscape.

While the opportunities are endless for social media, there are still many unanswered questions for the future of advertisers, brands and consumers using social networking sites. Social media companies must learn to leverage the space more effectively in order to rise above these obstacles while others simply tread water.

In this session, attendees will learn the struggles, challenges and successes of the leaders in social media startups. They will learn best practices for today that can impact exit options and the future of a company. While IPOs are not yet a viable option, CEOs must learn how to decide whether to flip or grow their companies. Deals such as the potential Microsoft/Yahoo merger will affect the acquisitions landscape, and company leaders must know how to protect their investments. Moderated by Sam Angus, partner of Fenwick & West, Mr. Goldstein is joined by a panel of experts who aim to shed insight into how to build and maintain a successful startup. Attendees will hear from Jeff Clavier, managing partner of Softech VC, Storm Duncan, managing director and co-head technology M&A of Credit Suisse, and Jason Shellen, founder of The Secret Agency. The panel will be held at 3:50 p.m. Pacific Daylight Time.

For more information about this event, please visit: http://www.dealmakermedia.com/dealmaker_forum.html

About the Speaker

Seth is the cofounder and CEO of SocialMedia.com. He is also an angel advisor to a number of Web services companies such as Aggregate Knowledge, Lijit and Downfly. He was the first investor in Web 2.0 pioneer del.icio.us (now part of Yahoo!). In 1995, he created SiteSpecific, one of the first Internet advertising companies. He was Entrepreneur-in-Residence at Flatiron Partners from 1998-2000.

In 2002 Seth co-founded Majestic Research, a next generation Wall Street Research firm that provides leading hedge funds with proprietary data insights. In 2005 he created Root Markets, the first financial exchange for Internet mortgage leads.

In addition to Seth's entrepreneurial efforts, he is also an active member on the speaking circuit, considered the de facto expert on social media. Providing insight for both advertisers and developers, Seth is often asked for his thoughts on best practices, emerging trends and the future of the social media landscape.

About SocialMedia Advertising Network:

SocialMedia Networks enables developers of social media applications to monetize their traffic by providing marketers with the ability to advertise within applications. The company had created the SocialMedia Advertising Platform, which currently delivers over 3B ads per month on applications running within Facebook, bebo and Myspace. SocialMedia Networks has learned what developers and advertisers need first-hand, having internally produced hit Facebook applications such as FoodFight (throw virtual food at your online friends) and Happy Hour (send that friend a virtual cocktail), which have been installed by over 10 million consumers. SocialMedia Networks is based in Palo Alto and San Francisco, CA, with a seasoned leadership team that has been building businesses in the online advertising space for the past 10 years. Interested in joining the conversation? Please visit: http://www.socialmedia.com/

Photo: http://www.newscom.com/cgi-bin/prnh/20080429/AQTU109LOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

SocialMedia Advertising Network

CONTACT: Hollis Guerra of blast! PR for SocialMedia Networks,+1-919-833-9975, ext. 14, hollis@blastpr.com

Web site: http://www.socialmedia.com/


Source: PRNewswire

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