Monday, October 16, 2006

The Fall of Friendster

The New York Times did a really interesting article & video (see link) about how MySpace edged out Friendster despite being an also-ran. Friendster lost its first-mover advantage in the social-networking movement and rejected a previous bid from Google. Apparently, Friendster suffered from hubris and said the offer was too low...only now, it's too late to recover.

Now, I know MySpace is huge but I don't have an account there. Perhaps I should look into it. Yet, it seems that the Asian community mostly uses Friendster. When I think of MySpace, I think of teeny-boppers.

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