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.''"

Comments

a new social network site

[jetpeach]

Please don't consider this spam, because it really IS relevant - a friend of mine has started a very slick new social networking site, uses CSS, has RSS feeds, IM chat similar to Gmail... The feature set is really amazing, it's got feature parity or better with every social networking site I've ever seen and evite and blogging, has unlimited photo sharing, and does email as well. It's called Zoji, please check it out before you mod this.
Here is the About Us page. He considers it really "pre-launch" still because he's waiting before advertising and a real media push until he adds some more really cool stuff that's coming (development is Fast), but if you want to check it out give some feedback, this is my profile page and they have a to give the developers feedback.
Maybe someday it will get posted on the frontpage of /. that'll the day for Dan :)

Re:Friendster.. I remember them.

[From A Far Away Land]

Actually his show is more newsy than most 6:00 broadcasts in the States. You get World news, interesting events, and facts. And I'm not talking only the Wikipedia "facts" that he strews about, but his journalism exceeds most legitimate non-comdey newscasters. And he's involving the blogsophere and "netizens" in his broadcasts too, which is a clever move.

He could have a bazillion friends on a social networking site, and put the horde to good use. Perhaps by telling them to all vote independent next elections, because that's what the Bears wouldn't want.