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Friendster Back from the Dead?
garzpacho writes "With a fresh infusion of $10 million in funding, Friendster is making a bid to rejoin the social networking A-list. The cash, from VC firm DAG Ventures, accompanies plans for a complete project redesign, a focus on adult users and a newly awarded patent for social networking. A real comeback might be unlikely, though: 'Turnaround stories for companies that draw on advanced Web technology known collectively as Web 2.0 remain unprecedented, says David Sze, a general partner at Greylock who specializes in consumer Internet companies but does not invest in Friendster. Still, Sze says Friendster doesn't need to have a MySpace-size traffic explosion to turn a profit. Says Sze in an e-mail, 'If those users are reasonably valuable and monetizable, I think [investors] can make money on their investment.''"
I still have an account on there. I really like their birthday reminders, lets me know which friends to avoid so I don't end up having to buy them birthday gifts.
If I get hold of a once-marketable name, slap some "Web 2.0" style buzzwords on it, and do some patent-trolling, can I have $10 million in venture capital too?
Slashdot Burying Stories About Slashdot Media Owned
All they have to do is call it Frienstr. Once you lose the e at the end, its web 2.0 gold.
I still have an account on there. I really like their birthday reminders
I get a kick out of Friendster because I get emails saying I haven't logged in "in a while" and how great it would be if I logged in. Friends get the same emails, and we all ignore them, because friendster had/has nothing to offer beyond a popularity contest. I grew out of worrying how MANY friends I had years ago.
We agreed it was like a desperate ex...popping up every once in a while, telling you how nice it'd be to hear from you...
Please help metamoderate.
Judging from your UID, that would have been 3 or 4 years ago then?
Linux, you magnificent bastard, I read the fucking manual!