<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	>
<channel>
	<title>Comments on: The Friendster Tell-All Story</title>
	<atom:link href="http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/</link>
	<description>Startup and Technology News</description>
	<pubDate>Fri, 09 Jan 2009 07:23:01 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.6.5</generator>
		<item>
		<title>By: The REDZzzzz&#8230;&#8230; &#187; Blog Archive &#187; Informative Speech: &#8220;Friendster as a Social Network&#8221;</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-2565074</link>
		<dc:creator>The REDZzzzz&#8230;&#8230; &#187; Blog Archive &#187; Informative Speech: &#8220;Friendster as a Social Network&#8221;</dc:creator>
		<pubDate>Fri, 12 Dec 2008 17:37:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-2565074</guid>
		<description>[...] ·http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/ [...]</description>
		<content:encoded><![CDATA[<p>[...] ·http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/ [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Another Google Exec Departs To Run Another Social Network: Kimber To Friendster &#183; ordaso.com</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-2435066</link>
		<dc:creator>Another Google Exec Departs To Run Another Social Network: Kimber To Friendster &#183; ordaso.com</dc:creator>
		<pubDate>Tue, 12 Aug 2008 19:33:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-2435066</guid>
		<description>[...] a new $20 million round of financing led by IDG Ventures. The company has now raised $45 million.  The Friendster story is long and mostly sad. The company was founded in 2002 and owned the social networking world five [...]</description>
		<content:encoded><![CDATA[<p>[...] a new $20 million round of financing led by IDG Ventures. The company has now raised $45 million.  The Friendster story is long and mostly sad. The company was founded in 2002 and owned the social networking world five [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Another Google Exec Departs To Run Another Social Network: Kimber To Friendster</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-2429069</link>
		<dc:creator>Another Google Exec Departs To Run Another Social Network: Kimber To Friendster</dc:creator>
		<pubDate>Tue, 05 Aug 2008 07:19:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-2429069</guid>
		<description>[...] a new $20 million round of financing led by IDG Ventures. The company has now raised $45 million.  The Friendster story is long and mostly sad. The company owned the social networking world five years ago, and turned [...]</description>
		<content:encoded><![CDATA[<p>[...] a new $20 million round of financing led by IDG Ventures. The company has now raised $45 million.  The Friendster story is long and mostly sad. The company owned the social networking world five years ago, and turned [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: rhea</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-1140525</link>
		<dc:creator>rhea</dc:creator>
		<pubDate>Mon, 05 Mar 2007 07:40:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-1140525</guid>
		<description>ang ganda q talaga hehehe ^_^ sana may bf aq pag naglaro me mamaya pa add naman po?soul_switheart@yahoo.com p add po mga kuya hehehe^^i luv u to all friendster muwhahahaha



dedicated to all loving care^-^ hahaahhahaahha
wish a upon the star are blind</description>
		<content:encoded><![CDATA[<p>ang ganda q talaga hehehe ^_^ sana may bf aq pag naglaro me mamaya pa add naman po?soul_switheart@yahoo.com p add po mga kuya hehehe^^i luv u to all friendster muwhahahaha</p>
<p>dedicated to all loving care^-^ hahaahhahaahha<br />
wish a upon the star are blind</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: john</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-1140465</link>
		<dc:creator>john</dc:creator>
		<pubDate>Mon, 05 Mar 2007 07:35:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-1140465</guid>
		<description>wish is my all friendster clan is ejoy ur chat mate hehehe ^_^sana maging matatag p ung relationship ng bawat isa</description>
		<content:encoded><![CDATA[<p>wish is my all friendster clan is ejoy ur chat mate hehehe ^_^sana maging matatag p ung relationship ng bawat isa</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: James Littleton</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-1136931</link>
		<dc:creator>James Littleton</dc:creator>
		<pubDate>Mon, 05 Mar 2007 02:14:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-1136931</guid>
		<description>&lt;strong&gt;Architecture...&lt;/strong&gt;

 Programming a computer can be performed in one of numerous languages, ranging from a higher-level language to writing directly in low-level...</description>
		<content:encoded><![CDATA[<p><strong>Architecture&#8230;</strong></p>
<p> Programming a computer can be performed in one of numerous languages, ranging from a higher-level language to writing directly in low-level&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Winchell</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-758777</link>
		<dc:creator>Winchell</dc:creator>
		<pubDate>Sat, 20 Jan 2007 20:04:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-758777</guid>
		<description>Since wen i came here in the US...
Itz been a long time since i havent seen mah frwends back in the philippines
Bout 4 years now...(sigh)
But then i heard about Frienster....
So i joined....nd OMG....
I didnt kno there were lotz of Filipinos there..like meh...
I waz surprised i saw lotz of my frwendz der....
Friendster iz the BOMB!!!</description>
		<content:encoded><![CDATA[<p>Since wen i came here in the US&#8230;<br />
Itz been a long time since i havent seen mah frwends back in the philippines<br />
Bout 4 years now&#8230;(sigh)<br />
But then i heard about Frienster&#8230;.<br />
So i joined&#8230;.nd OMG&#8230;.<br />
I didnt kno there were lotz of Filipinos there..like meh&#8230;<br />
I waz surprised i saw lotz of my frwendz der&#8230;.<br />
Friendster iz the BOMB!!!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: trish stratus topless</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-551982</link>
		<dc:creator>trish stratus topless</dc:creator>
		<pubDate>Mon, 18 Dec 2006 09:01:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-551982</guid>
		<description>trish stratus topless

http://myblog.es/trish-stratus</description>
		<content:encoded><![CDATA[<p>trish stratus topless</p>
<p><a href="http://myblog.es/trish-stratus" rel="nofollow">http://myblog.es/trish-stratus</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: toughcookie</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-504062</link>
		<dc:creator>toughcookie</dc:creator>
		<pubDate>Sat, 09 Dec 2006 11:06:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-504062</guid>
		<description>When I heard that a lot of my friends were using Friendster, I thought about signing up too. But they'd always complain about the sudden changes and upgrades of the profile page. Plus the slowness. So I was like, hey, that sucks. But I still signed up inspite of myself. Luckily when I started using it I didn't experience such things. I even got to personalize my profile without encountering any problems, until now. I mean, I've spent a lot of time upgrading my profile so I could promote it to my friends and then what happened next? Friendster came up with a new profile format. And I don't even know how to edit the new profile page! Man, that sucks!</description>
		<content:encoded><![CDATA[<p>When I heard that a lot of my friends were using Friendster, I thought about signing up too. But they&#8217;d always complain about the sudden changes and upgrades of the profile page. Plus the slowness. So I was like, hey, that sucks. But I still signed up inspite of myself. Luckily when I started using it I didn&#8217;t experience such things. I even got to personalize my profile without encountering any problems, until now. I mean, I&#8217;ve spent a lot of time upgrading my profile so I could promote it to my friends and then what happened next? Friendster came up with a new profile format. And I don&#8217;t even know how to edit the new profile page! Man, that sucks!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jerry Ong</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-294484</link>
		<dc:creator>Jerry Ong</dc:creator>
		<pubDate>Tue, 24 Oct 2006 09:44:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-294484</guid>
		<description>&lt;strong&gt;TRUE.com and Friendster Team Up...&lt;/strong&gt;

No. 1 Online Dating Site and a Top Social Network Join Forces to Bring People TogetherDALLAS, Oct. 10 /PRNewswire/ -- TRUE.com(R), the leading scientifically based online relationship service, and Friendster, a leading social network, have created a st...</description>
		<content:encoded><![CDATA[<p><strong>TRUE.com and Friendster Team Up&#8230;</strong></p>
<p>No. 1 Online Dating Site and a Top Social Network Join Forces to Bring People TogetherDALLAS, Oct. 10 /PRNewswire/ &#8212; TRUE.com(R), the leading scientifically based online relationship service, and Friendster, a leading social network, have created a st&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: colbert</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-293783</link>
		<dc:creator>colbert</dc:creator>
		<pubDate>Tue, 24 Oct 2006 03:56:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-293783</guid>
		<description>Friendster is still a great way to meet chicks. Thats what my friend does and thats what founder Jonathan Abrams did. So its still a cool service.</description>
		<content:encoded><![CDATA[<p>Friendster is still a great way to meet chicks. Thats what my friend does and thats what founder Jonathan Abrams did. So its still a cool service.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Militant Geek Custom Shirts &#187; Blog Archive &#187; Friendster; Not So Friendly</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-280040</link>
		<dc:creator>Militant Geek Custom Shirts &#187; Blog Archive &#187; Friendster; Not So Friendly</dc:creator>
		<pubDate>Thu, 19 Oct 2006 21:40:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-280040</guid>
		<description>[...] Call us late to the party but Militant Geek just read about Friendster and the greed therein (article is behind a NYTimes walled garden but Michael Arrington does do a wrap up). There are so many slights I&#8217;m not even sure where to start. Friendster turned down a $30 million buyout offer from Google in 2003. [...]</description>
		<content:encoded><![CDATA[<p>[...] Call us late to the party but Militant Geek just read about Friendster and the greed therein (article is behind a NYTimes walled garden but Michael Arrington does do a wrap up). There are so many slights I&#8217;m not even sure where to start. Friendster turned down a $30 million buyout offer from Google in 2003. [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: EveryDigg &#187; Blog Archive &#187; The Friendster Tell-All Story</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-275537</link>
		<dc:creator>EveryDigg &#187; Blog Archive &#187; The Friendster Tell-All Story</dc:creator>
		<pubDate>Wed, 18 Oct 2006 14:44:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-275537</guid>
		<description>[...] &#34;Gary Rivlin at the New York Times finally wrote the Friendster &#8220;tell all&#8221; piece that everyone&#8217;s been threatening to do for some time. It&#8217;s not pretty. I get the sense the most people mentioned in the article are not going to be very happy with the way it turned out.&#34;read more&#160;&#124;&#160;digg story [...]</description>
		<content:encoded><![CDATA[<p>[...] &quot;Gary Rivlin at the New York Times finally wrote the Friendster &ldquo;tell all&rdquo; piece that everyone&rsquo;s been threatening to do for some time. It&rsquo;s not pretty. I get the sense the most people mentioned in the article are not going to be very happy with the way it turned out.&quot;read more&nbsp;|&nbsp;digg story [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Bruce&#8217;s Blog / links for 2006-10-18</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-273476</link>
		<dc:creator>Bruce&#8217;s Blog / links for 2006-10-18</dc:creator>
		<pubDate>Wed, 18 Oct 2006 00:41:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-273476</guid>
		<description>[...] Techcrunch » Blog Archive » The Friendster Tell-All Story What went wrong at friendster (tags: friendster web2.0 startup business change values technology) [...]</description>
		<content:encoded><![CDATA[<p>[...] Techcrunch » Blog Archive » The Friendster Tell-All Story What went wrong at friendster (tags: friendster web2.0 startup business change values technology) [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Office Hours Are T, TH From 3 - 4:45 &#171; The American Sector</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-273179</link>
		<dc:creator>Office Hours Are T, TH From 3 - 4:45 &#171; The American Sector</dc:creator>
		<pubDate>Tue, 17 Oct 2006 22:52:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-273179</guid>
		<description>[...] I had the honor of speaking to a Media Business class at a local university this last week. I can now cross off College Professor on the list of jobs I want to try but don&#8217;t really want to do (that joins elevator operator, ice cream scooper, handyman, public works guy, and bartender). As for the class&#8230; let me give you a piece of advice: the week that YouTube sells for $1.6 billion is not the best time to dazzle the youth of America with your plans for non-profit radio. Eventually, they warmed up to my talk and peppered me with some tough questions by the end. In response to one question, I referenced Friendster. Not one of them had heard of it. How quickly fortunes fade. Next time I speak to a class, I&#8217;ll be ready with all the right lingo. Hilarious. [...]</description>
		<content:encoded><![CDATA[<p>[...] I had the honor of speaking to a Media Business class at a local university this last week. I can now cross off College Professor on the list of jobs I want to try but don&#8217;t really want to do (that joins elevator operator, ice cream scooper, handyman, public works guy, and bartender). As for the class&#8230; let me give you a piece of advice: the week that YouTube sells for $1.6 billion is not the best time to dazzle the youth of America with your plans for non-profit radio. Eventually, they warmed up to my talk and peppered me with some tough questions by the end. In response to one question, I referenced Friendster. Not one of them had heard of it. How quickly fortunes fade. Next time I speak to a class, I&#8217;ll be ready with all the right lingo. Hilarious. [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: zerocaffe.in &#187; Blog Archive &#187; Startup valuation for geeks</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-273173</link>
		<dc:creator>zerocaffe.in &#187; Blog Archive &#187; Startup valuation for geeks</dc:creator>
		<pubDate>Tue, 17 Oct 2006 22:48:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-273173</guid>
		<description>[...] Knowing the value of your company can act as a filter against all the bullshit figures others(investors) will come up with. It is always the investor&#8217;s imperative to undervalue your company, i&#8217;ll explain why. Suppose your scouring the market for a company to buy and come across the company &#8216;SuckersAreUs&#8217;. Well as it tutns out the founders of the company are all suckers and dont really know how much their company is worth. What do you do? well you say &#8220;Aaaah! your company isnt so gr8(even though you know it is) no one is going to pay 5 million for it.&#8221; So the suckers not knowing their own value agree to be bought out at 3million dollars. So what you have just bought a 5 million dollar company for 3 million dollars. Im not suggesting that all investors try to take you for a ride, but its good to know the approximate value of your company so that you will be protected against people trying to hussle you out of what is rightfully yours. On the flipside you must also take your valuation of the company with a pinch of salt as some of your assumptions might be off. Look at the friendster story. Its living proof of how wrong valuation assumptions by the company can spell doom. As they say valuation is more art than science and sometime ur art can really suck. Reason 3: Makes you look cool [...]</description>
		<content:encoded><![CDATA[<p>[...] Knowing the value of your company can act as a filter against all the bullshit figures others(investors) will come up with. It is always the investor&#8217;s imperative to undervalue your company, i&#8217;ll explain why. Suppose your scouring the market for a company to buy and come across the company &#8216;SuckersAreUs&#8217;. Well as it tutns out the founders of the company are all suckers and dont really know how much their company is worth. What do you do? well you say &#8220;Aaaah! your company isnt so gr8(even though you know it is) no one is going to pay 5 million for it.&#8221; So the suckers not knowing their own value agree to be bought out at 3million dollars. So what you have just bought a 5 million dollar company for 3 million dollars. Im not suggesting that all investors try to take you for a ride, but its good to know the approximate value of your company so that you will be protected against people trying to hussle you out of what is rightfully yours. On the flipside you must also take your valuation of the company with a pinch of salt as some of your assumptions might be off. Look at the friendster story. Its living proof of how wrong valuation assumptions by the company can spell doom. As they say valuation is more art than science and sometime ur art can really suck. Reason 3: Makes you look cool [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Brooke</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-272501</link>
		<dc:creator>Brooke</dc:creator>
		<pubDate>Tue, 17 Oct 2006 18:17:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-272501</guid>
		<description>I gotta say, if I was in his position back then I might not have sold my site either.  Hindsight is 20/20 and his hindsight saw Google and eBay holding out and being worth much more than their initial valuations.

It's a shame really, that by seeking out the investment he had to give up so much control to an obviously clueless board of directors.  I say clueless in that they had no idea what to make of Friendster, even though they were immensely successful with previous projects.  I guess it goes to show that you can't rest on your laurels... you have to remain current and innovative.

Coming from the perspective of one who is working on his first startup with a budgest equivalent to the money these board members spend on breakfast crumpets, I found this story oddly motivational.  It proves that you can have the best minds and all the money in the world at your fingertips but if you lose your true vision and place your customers as an afterthought, it's won't get you anywhere.  Sure, I won't have the marketing budget to gain instant global exposure, but that forces me to tax my brain on other options.  And other options there are.

Great post!</description>
		<content:encoded><![CDATA[<p>I gotta say, if I was in his position back then I might not have sold my site either.  Hindsight is 20/20 and his hindsight saw Google and eBay holding out and being worth much more than their initial valuations.</p>
<p>It&#8217;s a shame really, that by seeking out the investment he had to give up so much control to an obviously clueless board of directors.  I say clueless in that they had no idea what to make of Friendster, even though they were immensely successful with previous projects.  I guess it goes to show that you can&#8217;t rest on your laurels&#8230; you have to remain current and innovative.</p>
<p>Coming from the perspective of one who is working on his first startup with a budgest equivalent to the money these board members spend on breakfast crumpets, I found this story oddly motivational.  It proves that you can have the best minds and all the money in the world at your fingertips but if you lose your true vision and place your customers as an afterthought, it&#8217;s won&#8217;t get you anywhere.  Sure, I won&#8217;t have the marketing budget to gain instant global exposure, but that forces me to tax my brain on other options.  And other options there are.</p>
<p>Great post!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Keith</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-271459</link>
		<dc:creator>Keith</dc:creator>
		<pubDate>Tue, 17 Oct 2006 11:37:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-271459</guid>
		<description>Friendster? Might as well you run &lt;a href="http://www.neohide.com" rel="nofollow"&gt;your own blog&lt;/a&gt;, rather than having these information supplied to 3rd-party sources.</description>
		<content:encoded><![CDATA[<p>Friendster? Might as well you run <a href="http://www.neohide.com" rel="nofollow">your own blog</a>, rather than having these information supplied to 3rd-party sources.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Deva Hazarika</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-270544</link>
		<dc:creator>Deva Hazarika</dc:creator>
		<pubDate>Tue, 17 Oct 2006 02:11:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-270544</guid>
		<description>Great article.  I wonder how the industry would change if the true stories of what went on behind the scenes at many of this companies often got more mainstream coverage.  Even more interesting to me was comparing this article to the previous NYT article on Friendster - http://www.emaildashboard.com/2006/10/friendster_cove.html</description>
		<content:encoded><![CDATA[<p>Great article.  I wonder how the industry would change if the true stories of what went on behind the scenes at many of this companies often got more mainstream coverage.  Even more interesting to me was comparing this article to the previous NYT article on Friendster - <a href="http://www.emaildashboard.com/2006/10/friendster_cove.html" rel="nofollow">http://www.emaildashboard.com/....._cove.html</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: William G</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-270492</link>
		<dc:creator>William G</dc:creator>
		<pubDate>Tue, 17 Oct 2006 01:24:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-270492</guid>
		<description>A couple things to note:

- The average age of a user of MySpace.com is 33.
- Friendster went from Java to PHP.
- Friendster created middleware that would take user data from a user profile and give those words to Google AdWords to create relevant ads.
- The author of the NYTimes story (the story is also available on News.com without having to register) was more or less looking for dirt to create a sensationalized story.  It clearly worked.</description>
		<content:encoded><![CDATA[<p>A couple things to note:</p>
<p>- The average age of a user of MySpace.com is 33.<br />
- Friendster went from Java to PHP.<br />
- Friendster created middleware that would take user data from a user profile and give those words to Google AdWords to create relevant ads.<br />
- The author of the NYTimes story (the story is also available on News.com without having to register) was more or less looking for dirt to create a sensationalized story.  It clearly worked.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: DavidEzra</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269841</link>
		<dc:creator>DavidEzra</dc:creator>
		<pubDate>Mon, 16 Oct 2006 20:18:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269841</guid>
		<description>Susan a, I'll be purposely vague, but hope this helps.  

MySpace ("first generation sites") was driven by the "pain" of wanting to hook up with hot chicks, whereas FaceBook ("second generation sites") was driven by the "pain" of not wanting your boss / mom seeing all of your wild photos of you partying / drunk.  (I'm being very general as I'm quite cognizant that their are a host of other "pains" that both "first generation" and "second generation" sites address.)

Nonetheless, here are a couple of "pains" yet to be addressed.  (1) Unfortunately, we do not live our "social lives" in one dimention.  In other words, for the most part, when a "friend" visits your page, they are able to see all of your other friends.  (2)  Humans are only able to keep close tabs on groups as long as they stay under 150 people ... nonetheless, we can manage a number of groups.  (You've gotta be kidding me if you think individuals can keep current with all 3000 of their friends on MySpace / Facebook.)</description>
		<content:encoded><![CDATA[<p>Susan a, I&#8217;ll be purposely vague, but hope this helps.  </p>
<p>MySpace (&#8221;first generation sites&#8221;) was driven by the &#8220;pain&#8221; of wanting to hook up with hot chicks, whereas FaceBook (&#8221;second generation sites&#8221;) was driven by the &#8220;pain&#8221; of not wanting your boss / mom seeing all of your wild photos of you partying / drunk.  (I&#8217;m being very general as I&#8217;m quite cognizant that their are a host of other &#8220;pains&#8221; that both &#8220;first generation&#8221; and &#8220;second generation&#8221; sites address.)</p>
<p>Nonetheless, here are a couple of &#8220;pains&#8221; yet to be addressed.  (1) Unfortunately, we do not live our &#8220;social lives&#8221; in one dimention.  In other words, for the most part, when a &#8220;friend&#8221; visits your page, they are able to see all of your other friends.  (2)  Humans are only able to keep close tabs on groups as long as they stay under 150 people &#8230; nonetheless, we can manage a number of groups.  (You&#8217;ve gotta be kidding me if you think individuals can keep current with all 3000 of their friends on MySpace / Facebook.)</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: susan a</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269621</link>
		<dc:creator>susan a</dc:creator>
		<pubDate>Mon, 16 Oct 2006 18:17:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269621</guid>
		<description>Good comments folks.

So doe anyone have any specific ideas of "what real-world problem is causing pain for people"?</description>
		<content:encoded><![CDATA[<p>Good comments folks.</p>
<p>So doe anyone have any specific ideas of &#8220;what real-world problem is causing pain for people&#8221;?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: DavidEzra</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269565</link>
		<dc:creator>DavidEzra</dc:creator>
		<pubDate>Mon, 16 Oct 2006 17:37:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269565</guid>
		<description>My observation of the current state of "social networking" - a gazillion sites that do pretty much the same thing (sure some say we target the teen demographic while others state that they target the 30's demographic, etc.) - leads me to believe that there is a fundamental problem / error that needs to be addressed by the majority of respective founders.  

Namely, it seems that most sites derive their etiological origin from (1) "how do we make a lot of money really fast as opposed to (2) "how do we solve a problem that is causing a lot of 'pain' for a number of people."  

(I once heard it said that if you try to compete with Google on a product that their employees / engineers use everyday themselves, you might as well give up, because they will beat you.  However, if you compete with Google on a product that their employees do not use on a routine basis, and you use it frequently to solve a problem that plaques you, your chances of succes are exponentially higher.)

Point being ... if a social networking site is being developed to "make money," the "directors / power people" will not be sufficiently cognitive of the environmental dynamics that will drive users to their site - generate "traction."  If a social networking site is being developed that addresses a present "pain" that is felt by a number of individuals, it will generate "traction" with little effort - the "viral" effect.  

In short, I hope all the developers of new social networking sites the best.  Unfortunately, it seems that most will fail to get off the ground becuase most are being driven by a desire to make a quick buck as opposed to solve a "pain" - and just to be clear, their is ample "pain" yet to be attenuated that could drive the growth of any number of sites.  (I'll bet most "founders" will respond by stating a "pain" that they are trying to address, but deep down, they realize that their "desire for a quick buck" is the true "master.)

My 2c.</description>
		<content:encoded><![CDATA[<p>My observation of the current state of &#8220;social networking&#8221; - a gazillion sites that do pretty much the same thing (sure some say we target the teen demographic while others state that they target the 30&#8217;s demographic, etc.) - leads me to believe that there is a fundamental problem / error that needs to be addressed by the majority of respective founders.  </p>
<p>Namely, it seems that most sites derive their etiological origin from (1) &#8220;how do we make a lot of money really fast as opposed to (2) &#8220;how do we solve a problem that is causing a lot of &#8216;pain&#8217; for a number of people.&#8221;  </p>
<p>(I once heard it said that if you try to compete with Google on a product that their employees / engineers use everyday themselves, you might as well give up, because they will beat you.  However, if you compete with Google on a product that their employees do not use on a routine basis, and you use it frequently to solve a problem that plaques you, your chances of succes are exponentially higher.)</p>
<p>Point being &#8230; if a social networking site is being developed to &#8220;make money,&#8221; the &#8220;directors / power people&#8221; will not be sufficiently cognitive of the environmental dynamics that will drive users to their site - generate &#8220;traction.&#8221;  If a social networking site is being developed that addresses a present &#8220;pain&#8221; that is felt by a number of individuals, it will generate &#8220;traction&#8221; with little effort - the &#8220;viral&#8221; effect.  </p>
<p>In short, I hope all the developers of new social networking sites the best.  Unfortunately, it seems that most will fail to get off the ground becuase most are being driven by a desire to make a quick buck as opposed to solve a &#8220;pain&#8221; - and just to be clear, their is ample &#8220;pain&#8221; yet to be attenuated that could drive the growth of any number of sites.  (I&#8217;ll bet most &#8220;founders&#8221; will respond by stating a &#8220;pain&#8221; that they are trying to address, but deep down, they realize that their &#8220;desire for a quick buck&#8221; is the true &#8220;master.)</p>
<p>My 2c.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Patricia</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269482</link>
		<dc:creator>Patricia</dc:creator>
		<pubDate>Mon, 16 Oct 2006 16:48:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269482</guid>
		<description>^ lol</description>
		<content:encoded><![CDATA[<p>^ lol</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Fez; Lumberg Industries, Inc.</title>
		<link>http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269158</link>
		<dc:creator>Fez; Lumberg Industries, Inc.</dc:creator>
		<pubDate>Mon, 16 Oct 2006 14:27:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2006/10/15/the-friendster-tell-all-story/#comment-269158</guid>
		<description>Everytime someone creates a new social networking site, God kills a kitten.</description>
		<content:encoded><![CDATA[<p>Everytime someone creates a new social networking site, God kills a kitten.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

<!-- Dynamic Page Served (once) in 0.162 seconds -->
<!-- Cached page served by WP-Cache -->
