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	<title>Pinoytutorial Techtorial &#187; friendster $100</title>
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		<title>Friendster for sale: Sold for 100 Million Dollars plus?</title>
		<link>http://pinoytutorial.com/techtorial/friendster-for-sale-sold-for-100-million-dollars-plus/</link>
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		<pubDate>Sat, 05 Dec 2009 04:37:51 +0000</pubDate>
		<dc:creator>pinoytutorial</dc:creator>
				<category><![CDATA[friendster]]></category>
		<category><![CDATA[friendster $100]]></category>
		<category><![CDATA[friendster 100 million dollars]]></category>
		<category><![CDATA[friendster biggest mistake]]></category>
		<category><![CDATA[friendster by richard kimber]]></category>
		<category><![CDATA[friendster copycat]]></category>
		<category><![CDATA[friendster for sale 100 million]]></category>
		<category><![CDATA[friendster loser]]></category>
		<category><![CDATA[friendster sold 100 million usd]]></category>
		<category><![CDATA[friendster vs facebook]]></category>
		<category><![CDATA[friendster vs myspace]]></category>

		<guid isPermaLink="false">http://pinoytutorial.com/techtorial/?p=2996</guid>
		<description><![CDATA[Friendster will be sold to an Asian Buyer, $100 Million plus plus? See the biggest mistake Friendster made on 2003, a mistake that could make them billionaires today if it was rectified. ]]></description>
			<content:encoded><![CDATA[<p>Friendster What? Friendster Who? And now, Friendster Why?</p>
<p><a target="_blank" href="http://www.pinoytutorial.com/techtorial/wp-content/uploads/2009/11/32019abe04c4_AB72/friendsterlogo.jpg"><img style="border-right-width: 0px; display: block; float: none; border-top-width: 0px; border-bottom-width: 0px; margin-left: auto; border-left-width: 0px; margin-right: auto" title="friendster logo" src="http://www.pinoytutorial.com/techtorial/wp-content/uploads/2009/11/32019abe04c4_AB72/friendsterlogo_thumb.jpg" border="0" alt="friendsterlogo thumb Friendster for sale: Sold for 100 Million Dollars plus?" width="476" height="117" /></a></p>
<p>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.</p>
<p>Yesterday, Friendster is sending some signal that they are going in for some <a target="_blank" href="http://pinoytutorial.com/techtorial/new-friendster-makeover-and-logo-a-copycat/" target="_blank">major changes</a>, 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 <a href="http://www.reuters.com/article/idUSTRE5B25X020091204?type=technologyNews" target="_blank">Reuters</a> that Morgan Stanley has been hired to handle the ‘deal’.</p>
<p>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 <a target="_blank" href="http://alexa.com" target="_blank">Alexa</a>. However, if you live in the Philippines, one can see that Friendster here is not&#8217; ‘that’ popular anymore, even in the suburbs, netizens are starting to become Facebook-savant netizens.</p>
<p><strong>Big-Mistake:</strong></p>
<p><a target="_blank" href="http://www.pinoytutorial.com/techtorial/wp-content/uploads/2009/11/32019abe04c4_AB72/bigmistake.jpg"><img style="border-right-width: 0px; display: block; float: none; border-top-width: 0px; border-bottom-width: 0px; margin-left: auto; border-left-width: 0px; margin-right: auto" title="big mistake" src="http://www.pinoytutorial.com/techtorial/wp-content/uploads/2009/11/32019abe04c4_AB72/bigmistake_thumb.jpg" border="0" alt="bigmistake thumb Friendster for sale: Sold for 100 Million Dollars plus?" width="225" height="216" /></a></p>
<p>If  you will look at the history of friendster, In 2003, Friendster management received a<strong> $30 million buyout offer from Google,</strong> which they <strong>declined</strong>. 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.</p>
<p><a target="_blank" href="http://www.pinoytutorial.com/techtorial/wp-content/uploads/2009/11/32019abe04c4_AB72/choice.jpg"><img style="border-right-width: 0px; display: block; float: none; border-top-width: 0px; border-bottom-width: 0px; margin-left: auto; border-left-width: 0px; margin-right: auto" title="choice" src="http://www.pinoytutorial.com/techtorial/wp-content/uploads/2009/11/32019abe04c4_AB72/choice_thumb.jpg" border="0" alt="choice thumb Friendster for sale: Sold for 100 Million Dollars plus?" width="337" height="281" /></a></p>
<p><em>Choices really do spell the difference of Big Men from the Little Boys.</em></p>
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