Details on Sale of Friendster Made Public

Posted on December 11th, 2009. Written by Rico.

Via this PR hosted on Techie. While the press release doesn’t mention how much money, changed, we still have this unconfirmed report saying the social networking pioneer was sold for around $100 million.

In any case, what do you think of Friendster? Feel free to leave your opinion below.

Personally, it stopped being relevant to me even before I founded Technograph. Interestingly, even the Facebook juggernaut has had a hard time coming up with a profitable business model—a difficulty that Friendster has lived with for years.