The year 2010 may have marked the demise of social media bookmarking services. Quite a few bookmark sharing services were discontinued last year. Simpy, Gnolia, and Backflip were just some of the best-known ones.
In their heyday, some of these services may have been considered to be the next big thing in online social media plays, but something changed in the past few years, making their usage begin to decline and they became less-preferred by venture capitalists.
Probably the biggest impact to them was the growing dominance of Facebook. People are using Facebook to share links with one another, and also using the “Like” button more to collect connections to content. (more…)