Comments on: Friendster’s Sale Could Come Very Soon, CEO Says http://paidcontent.org/2009/12/04/419-report-friendsters-sale-could-come-by-month-end/ The economics of digital content Wed, 19 Jun 2013 02:09:19 +0000 hourly 1 http://wordpress.com/ By: Heath http://paidcontent.org/2009/12/04/419-report-friendsters-sale-could-come-by-month-end/#comment-75588 Sun, 06 Dec 2009 07:24:59 +0000 http://paidcontent.wp.gostage.it/2009/12/04/419-report-friendsters-sale-could-come-by-month-end/#comment-75588 US$100M for a business which is basically in decline? This sounds like some pretty good PR as they try to rush suitors into shooting their load too early.

Alexa is not particularly accurate, but I think we can all spot a certain trend here.
http://www.alexa.com/siteinfo/friendster.com

And let us cut the “Asia” crap, leading ignorant investors to think they’re buying into a 3 billion person market.

Friendster has one key market – the Philippines. (Singapore, Malaysia, and Indonesia are its secondary markets and even there, users are migrating to Facebook. And any traffic from Korea, UAE, Kuwait, Canada, etc correlates with the overseas-Philippine community).

Nothing wrong with buying the Philippine community. But just be sure you know what you’re buying before you splurge US$100m.

]]> By: Mark http://paidcontent.org/2009/12/04/419-report-friendsters-sale-could-come-by-month-end/#comment-75587 Fri, 04 Dec 2009 18:58:39 +0000 http://paidcontent.wp.gostage.it/2009/12/04/419-report-friendsters-sale-could-come-by-month-end/#comment-75587 You left out interesting nuggets of information about Frindster and its 's future plans. According to TechCrunch:

The company "is looking to expand its current revenue streams to include—besides online advertising—virtual goods, gaming, surveys, dating, music and classifieds." Or in other words: paid services.

Why are you so obtuse when it comes to acknowledging that the old ad-supported model is not enough any longer, and that the Internet future is in the paid services? You try to ignore the shift, suppress all info about the booming "for fee" services, even publish completely misguided pseudo-surveys (the infamous PCUK/Harris Poll) … Are you a communist or something?

]]> By: Lenley http://paidcontent.org/2009/12/04/419-report-friendsters-sale-could-come-by-month-end/#comment-75586 Fri, 04 Dec 2009 06:03:50 +0000 http://paidcontent.wp.gostage.it/2009/12/04/419-report-friendsters-sale-could-come-by-month-end/#comment-75586 Wow, that's a pretty good exit considering all the turmoil at friendster. However, it is still disheartening that blackplanet.com/asianave.com is not given more credit for being one of the first "modern" social networks. As opposed to the original geocities, sixdegrees and collegeclub.

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