dating
Friendster, Love and Money
Filed in archive Business by Mark Brooks on January 28, 2005

NY TIMES -- Jan 24 -- Fifteen months ago, Friendsterenjoyed the kind of enviable status that Silicon Valley start-ups dream
of: A-List investors and millions of users. The company endured three
chief execs during 2004 and has seen a spate of senior executives
depart in recent weeks. A younger, flashier rival called MySpace has eclipsed Friendster and Friendster loyalists have groused that the company has done almost nothing to enliven its site. Reid Hoffman (of LinkedIn),
another early Friendster investor, agreed that the company frittered
away its sizable head start over the competition. Last summer, the
company hired Mr. Sassa a former NBC executive taking over from Timothy Koogle, an early Friendster investor and former Yahoo chief exec, who ran the company after the board lost faith in Mr. Abrams. FULL ARTICLE @ NY TIMES



Mark Brooks: Jonathandid a stellar job of observing the real world and emulating social
group interaction online. I'd love to see Jonathan take the Product
Development reigns. Seems MySpace has outfriendstered Friendster.



Permalink: Friendster, Love and Money
Tags: friendster  dating  love  digital  money  friendster+love  love+money  digital+music 
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