Friendster What? Friendster Who? And now, Friendster Why?
That’s just some of the trite expression you will hear from social-networkers today who weren’t familiar with Friendster. Going back to the history, you could say that on 2003, Friendster was like the Facebook of today – Predominating the whole social-networking dimension, there’s a lot to expect with Friendster before and its disappointing how its fame dissipates throughout the years.
Yesterday, Friendster is sending some signal that they are going in for some major changes, just look at their new ‘green-leafy’ logo (doesn’t it look like a vegetable?) We thought that’s the end of the news, little did we know there’s a rumor buzzing today that their CEO, Richard Kimber, is planning to sell Friendster to an ‘Asian Buyer’ (A name not yet disclosed by Reuters) Kimber told Reuters that Morgan Stanley has been hired to handle the ‘deal’.
Friendster is still popular in Asia, but contrary with the many tech-blogs are saying that it’s still strong on the Philippines, the truth is, Filipinos are starting to get bored with Friendster too, and they are starting to shift the fever on facebook. Though its only an opinion and that statement can’t be supported by Alexa. However, if you live in the Philippines, one can see that Friendster here is not’ ‘that’ popular anymore, even in the suburbs, netizens are starting to become Facebook-savant netizens.
Big-Mistake:
If you will look at the history of friendster, In 2003, Friendster management received a $30 million buyout offer from Google, which they declined. Google at that time wasn’t BIG G as we know today and Facebook is still little baby. One could say that ‘if only’ Friendster accepted the deal, I’m confident to say that Friendster will surely grow to the Nth level. Today, the current value of Facebook is 10 Billion dollars on the contrary Friendster had a valuation last July for a suffering consequence of $210 million only.
Choices really do spell the difference of Big Men from the Little Boys.
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