TIL: In 2003, Google offered to buyout Friendster for $30 Million - GoFuckYourself.com

mce · 03-27-2017, 05:02 AM

Talk about a bad move.

Then again, hindsight is always 20/20.

If I was the Canadian founder of Friendster, I would have:

Klen · 03-27-2017, 05:12 AM

That is actually first social network, but they didnt bother much to update which resulted in failure, same as with myspace.

slapass · 03-27-2017, 05:49 AM

I bet they made 30 million between then and now.

mce · 03-27-2017, 01:51 PM

Quote:

Originally Posted by slapass

I bet they made 30 million between then and now.

Not quite. They got funded. Got big in Southeast Asia. Then they folded.

jscott · 03-27-2017, 02:28 PM

true , friendster owned the Philippines market and hi5 owned thai markets... now look at them both... ouch

Drake · 03-27-2017, 07:43 PM

Definitely one of the precursors to today's social networks. Classmates.com is Aldo another site that predates the MySpace/Facebook era. They have not folded but could have been much larger has they adapted.

Matt 26z · 03-27-2017, 08:12 PM

I seem to recall a story about how the owner of Friendster had all of these big ideas, but his investors wouldn't allow any of it.

mce · 03-27-2017, 08:12 PM

Quote:

Originally Posted by Drake

Definitely one of the precursors to today's social networks. Classmates.com is Aldo another site that predates the MySpace/Facebook era. They have not folded but could have been much larger has they adapted.

Their ads were all over the place. Prior to FB, people would actually PAY to catch up with old friends using a platform like classmates.

slapass · 03-27-2017, 08:14 PM

Orkut was huge in India and Brazil. Google did not see a future for it hahaaha.

Klen · 03-29-2017, 11:09 AM

Quote:

Originally Posted by slapass

Orkut was huge in India and Brazil. Google did not see a future for it hahaaha.

I remember everytime when there was discussion about social networks, orkut was mention and how it big in Brazil . I guess brazil is not profitable market eh?

flashfire · 03-29-2017, 11:14 AM

I would take the money and run...how much money does a guy need?

JFK · 03-29-2017, 01:47 PM

Quote:

Originally Posted by flashfire

I would take the money and run...how much money does a guy need?

Hate to be second guessing on that one

So you sell for 30, a year later its worth a 100 ?

mce · 03-29-2017, 02:03 PM

Quote:

Originally Posted by JFK

Hate to be second guessing on that one

So you sell for 30, a year later its worth a 100 ?

Look at the prices paid for KFC the company. If I were the Colonel, I'd be PISSED!

Matt 26z · 03-29-2017, 02:09 PM

Quote:

Originally Posted by slapass

Orkut was huge in India and Brazil. Google did not see a future for it hahaaha.

No money in data mining people living in shacks.

03-27-2017, 05:02 AM	#1
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 3,917	TIL: In 2003, Google offered to buyout Friendster for $30 Million Talk about a bad move. Then again, hindsight is always 20/20. If I was the Canadian founder of Friendster, I would have: __________________ Pay Virtual Assistants Based on RESULTS instead of TIME STOP getting FUCKED IN THE ASS by your VA

03-27-2017, 05:12 AM	#2
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	That is actually first social network, but they didnt bother much to update which resulted in failure, same as with myspace.

03-27-2017, 05:49 AM	#3
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	I bet they made 30 million between then and now.

03-27-2017, 02:28 PM	#5
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	true , friendster owned the Philippines market and hi5 owned thai markets... now look at them both... ouch

03-27-2017, 07:43 PM	#6
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Definitely one of the precursors to today's social networks. Classmates.com is Aldo another site that predates the MySpace/Facebook era. They have not folded but could have been much larger has they adapted.

03-27-2017, 08:12 PM	#7
Matt 26z So Fucking Banned Industry Role: Join Date: Apr 2002 Location: ¤ª"˜¨๑۩۞۩๑¨˜"ª¤ Posts: 18,481	I seem to recall a story about how the owner of Friendster had all of these big ideas, but his investors wouldn't allow any of it.

03-27-2017, 08:14 PM	#9
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Orkut was huge in India and Brazil. Google did not see a future for it hahaaha.

03-29-2017, 11:14 AM	#11
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	I would take the money and run...how much money does a guy need?