The business of Gold Farming - where paid gamers amass gold to sell to less-experienced users to game the MMOGs (Massively Multiplayer Online Games like WOW (”World of Warcraft”) is a well known practice. In a parallel world of connections, perhaps equivalent to “gold” in terms of business leads or viral marketing armies to launch brands, one could imagine a new kind of innovative farming for profit around social media relationships. Think “Twitter sweatshops,” “Facebook factories,” “Diggsourcing” and “LinkedIn (Assembly) Lines.” After the jump, a metaphorical goldmine…

I had coffee with a longtime investor colleague who threw a nice metaphor in my direction: “thread count” as it related to the depth of your friendships. As we all initiate, accept or add new digital relationships into our lives (yes, I did get ’social’ with LinkedIn back in its early years with 1,500 linkedins; more recently with ~650 Facebook friends), how do we measure the relative quality of the quantity of friends we connect to? Do we connect to add relative quality value to our own persona, or is it done merely to create a personal, i.e., quantitative, fan club of sorts?  

I’ll admit it. I’m a social media junkie. And it’s not difficult to satisfy my addiction, considering the large number of social media sites that are quickly popping up as of late. But it has also got me thinking – considering the popularity of social media sites these days, should we be more concerned about our privacy? 5 years ago, it was only the early adopters who were on sites like MySpace and Friendster and most people were weary of sharing too much on the internet. These days Facebook has well over 100 million registered users, and over 222 million visitors per month. After the jump, a list of some of latest and greatest social media sites, along with ways you can ensure that the whole world knows everything about you…