I have also seen that myspace has an ad nerwork. This is a nice move by myspace; but it continues to follow their stale old act of creating large amounts of revenue on the backs of members and their content.

myspace is easily worth at least a billion, and where is the value coming from other than members/the communities content and activities.

How much ad revenue is myspace sharing with members that generate ad revenue for them ? Are they giving anything back to the community that has put them where they are ?

I am technology consultant, and this summer I became so feed up with the share cropper mentality of sites like myspace that I decided to build an application that shares the wealth that is created with the community.

We also have a stand alone ad service and we have a granular micro revenue sharing service that allows members to share their revenue with Friends, Groups, or Causes.

And unlike myspace and the rest we will be releasing most of the service to the open source community because we know we are not the smartest guys in the room.

We’re sad you’re not going to be a judge, but totally understand. The London Code and Coffee Club is going to be a lo-fi grass roots thing, we’re going to hunt for a venue (somewhere which is quiet so we can all talk and which sells good coffee) and a time and place to meet (but when that is depends on everyone, so when is best folks?).

All we’re going to do is help and organise it and be there, not like info pushers, but more because we’re developers too and we just want to hang out with people like us.

The idea came from Devin Hunt. He and I talked and realised there was no really great ad-hoc geek meetup in London, which was all about code and ideas, where people could just hang out and chat, so this is what we want to do. So folks, where, when?

Looking forward to meeting you all
cheers
Chris