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clipped from blog.pmarca.com

Today I'm delighted to announce that Ning just crossed 200,000 social networks for the first time!

For those of you new to this blog, Ning is my third company, cofounded with Gina Bianchini. We enable you to create your own social network for anything -- in two minutes, for free. Think of it as creating your own MySpace, Facebook, or Youtube -- but around any topic you want, with whatever set of features you want, and as public or private as you want.

People are using Ning today to create and run social networks around practically every topic you can possibly think of.

In fact, at our current growth rate, we'll cross 300,000 networks in a matter of weeks.

Over 70% of the networks on Ning are active, as defined by "used in the last 30 days".
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