A social networking website that convinced 1 million users to pay

The Internet is brimming with free stuff. Anyone can join Facebook or Twitter, take advantage of their myriad features, and not pay a cent.

So why have 1 million people paid to use a social networking website called MyLife?

The 8-year-old company — formerly called Reunion.com — has convinced a large slice of its 30 million registered users to pay $9.95 a month for people-search services, profiles of nearly every living U.S. adult (more than 200 million) based on publicly available information.

Full Story: http://content.usatoday.com/communities/technologylive/post/2010/05/social-networking-website-has-convinced-1-million-users-to-pay/1