Today I read on allfacebook that Facebook application advertising platform SocialHour was relaunching under the name Dizzynet.
For those who are not familiar with Social Hour, it was one of the biggest advertising platforms in all of Facebook and some would argue they were monetizing much better then Facebook themselves. After pushing the limits with privacy issues Facebook asked Social Hour to shut down or face legal consequences.
We have done business with the operators of Social Hour so hearing news that they were relaunching was pretty puzzling. I was able to contacted the Founder of Dizzynet, Jeremy Olsson, previously from Rock You, and he said they were licensing the ad serving technology.
So not sure where allfacebook got their information but Social Hour is not relaunching as Dizzy Networks.
About the author...
Jeremy Schoemaker – who has written 2416 posts on ShoeMoney.com.
Hi I am Jeremy Schoemaker and ShoeMoney.com is my blog. 99% of the post here are done by me but you will see others occasionally make guest posts. This blog is fun to write but for my day job I run several online companies.
Images provided by ShutterStock
9 Random Tips On Being A Successful Online Marketer 
How A $1295 Gambling Debt Turned Me Into An Online Marketer 
Sneaky Facebook Advertising Tricks – Dialing In Your Campaigns Part 2 
{ 21 comments… read them below or add one }
It is unbelievable to know that they were monetizing more than facebook, probably thats why facebook wanted to take an action against them. Who knows
nice share.. i was looking kind of this stuff to optimize my facebook… thanks shoe.
I`m not familiar with this one..go to check on them
Interesting but still shady though. Same IP address, its pretty strange how a few articles can affect a sturtup…
Thanks for sharing and giving your notes on that.
Jeremy,
Can you explain more about what this company did/is doing? Bring us up to speed
Please
This is still completely shady behavior and I have screenshots of the company running the same IQ quiz crap. You can make millions on selling crappy products but it doesn’t mean it’s a “good” business.
1) it would make sense they would have the same advertisers… Toolbars, mobile iq, and other stuff.
2) I am not judging if it is good or bad. Was just correcting the story. Next time you might want to actually goto the sources.
Just out of curiosity how were they monetizing their traffic and how are they planning to do it now? with all the privacy stuff and all…
Good, I am glad there is another network for facebook. But I am going to need a bit more information for sure.
Thanks for the share, but I am still not fully understanding what the company did??
Not sure whether the information is correct, we will wait and see
Hi!
It’s really positive & definitely beneficial. I am really glad.
companies technology list contends changes ars
i searched about Dizzynetwork on google but there is not good information about it. I am still confused about this term
Shoe, thanks for sharing this information..
It is unbelievable to know that they were monetizing more than facebook, probably thats why facebook wanted to take an action against them.
thanks for sharing this.. got any more info on dizzynet?
No doubt Marketing in facebook is really effective. Nice info
Do we assume that Facebook will share the revenue with the partners? Would anybody allow ads on their site if they don’t get a cut?