Google buys Friendster Vs Mol buys Friendster
13 Dec 2009 13 Comments (Including 4 Discussion Threads)
in Tech Tags: billions, Facebook, fair share, Friendster, google, MOL, personal financial interest, porno links, porno spam, sense of purpose, social networking
I suppose Malaysian was very happy yesterday when the news breaks out that MOL buying Friendster? How do you feel?
I am not saying I don’t like the idea, I just have the feeling – “if I am the CEO I will not approved the acquisition of Friendster” it simply too expensive.
MOL business has excess annual revenue of USD1.8 billions a year thinks that Friendster is a good buy for USD100millions! Who actually convince Tan Sri Vincent Tan for this?
Don’t get me wrong, every business has their own fair share of personal financial interest that make the decision and that’s bring a big questions in my head. Why would Friendster is so important to MOL? Or be profitable to MOL?
Facebook has reached 350millions active users recently and I thought to myself, wow! I think it’s time Friendster to look for buyer and sell their social networking off before Facebook ripped them apart! True enough that someone is buying and that none the less a company from Malaysia!
WOW, How did I miss that one? I have never thought that would be coming! It does making Malaysia look good… for…errr… not sure for how long.
Google today worth 153.4 billions as of October 2009, offered a buyout for Friendster in 2003 for ONLY 30 millions! After the failed buyout, I have not heard Google attempt to buy.
I am trying to proof the point here, it has been 7 years and Friendster has only 115 millions users (check out their blog, it says 85 millions) while Facebook is at 350 millions. Guess what? Facebook launch their service 2 years later after Friendster holding the fame!
Friendster stay the same, the same design ever since! No direction and no sense of purpose. SPAM of porno links and graphic, hacks and each day more and more children uses Friendster (and bombarded with porno SPAM) and for a while every one of them leave Friendster for Facebook.
Tell me, why do I have the feeling that Friendster new design is a way to tell Malaysian, Thank you for buying?
Check out Friendster official blog, our PM tweet that link.
You guy knows that Friendster has his own blog platform,right? SURPRISE! Their official site uses WordPress. How many comments? NONE! "Not that there's anything wrong with that." Except Friendster users is not actively engaging with the company! This spell BAD business!
I hate Facebook, and I hate Facebook! However Facebook is not losing users, Friendster is! How will Friendster a profitable company?
Sell Friendster coins to 115 millions kids, will that help? Or play online game, MMORPG?
If I were a MMORPG user, why would I join Friendster just to play games?
I notice Friendster’s developer are not actively using the site APIs as much as Facebook! I haven’t seen any plugins or anything that can be use in blogs and websites. I haven’t seen my Friendster account flooded with messages inviting to play the games develop by 3rd party for Friendster!
Unless MOL has and ready to pay for the in-house think-tank and developer to revamp the site usefulness and the right direction, Friendster is going down real quick before you notice it.
What happen to ICQ?
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13 Comments (Including 4 Discussion Threads) (+add yours?)
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Dec 13, 2009 @ 23:32:18
I used to be in Friendster first, already in 2004. In 2007 I switched to Facebook and I just recently signed in Friendster, after more than a year… so boring there. I’m not a fan of FB, I don’t play games or do tests, but at least I can see some nice photos of my friends from all over the globe. I’m mostly on Twitter, though. And you are right, Friendster won’t grow, it’s mostly popular in South East Asia, while FB is all over the globe. I can tell you, here in Slovenia, even the adults start with FB, hehe.. more and more
Great article, hehe. Not worth to buy Friendster…
MKL´s last blog ..So hot, she made his nose bleed!
Dec 13, 2009 @ 23:53:16
You’re the first to comment
I salute you! 謝謝
I seriously don’t like Facebook but I am impress that every one trusted Facebook. Its probably Thefacebook started in a University and it has the impression that Facebook is safe and that every one should use a real name to sign in.
I use my real name for the first time signing up for a Facebook and till today i still thinks its okay (bummer) and I stay on because out of sudden my long lose friends from primary and secondary school are signing in to Facebook. I reconnect with them after some 15 years MIA. hahahah I guess the “using real name” work in Facebook to reconnect with all our friends.
As for Friendster, ever since I use FB I too, did not sign in to friendster. I sign in recently because they have a face uplift and still the same. what startle me was the news MOL buying Friendster!
Sad!
Netster´s last blog ..Google buys Friendster Vs Mol buys Friendster
Dec 14, 2009 @ 00:00:04
I see… I just found you and added you, hehe. Hope you don’t mind. I stopped using my family name and cut it short to F., hehe. I do have another Facebook account with my real name, it’s for the people in my country, old schoolmates. They don’t know I have another international account, where I mostly hang out, add bloggers and also link to my blog and Twitter. I had to do this, some people were 2 curious here… For me, FB is nice to connect with new people, have many friends from Malaysia, where I stayed, in Batu Pahat, hehe. My ex gf’s sisters and friends all added me
And I plan to go to Taiwan and hopefully I will make many new friends there, too. They will all be added to my main account, where I can be myself 
MKL´s last blog ..So hot, she made his nose bleed!
Dec 14, 2009 @ 00:24:10
Added you
Ohh I have many friends from Batu Pahat. I met them in IRC. We use to have IRC network and most of our users are from Batu Pahat. Flexichat is our network which I am using it now 
It’s good you still stay in touch with your Ex’s friends and family
Good luck with your visit in Taiwan
I have never been there… my mom been there i pay for her to go and yet I still yet to go hahahahaha Now need to save up 
I miss my visit to Gold Coast and Tokyo
I would love to go there again!
Dec 14, 2009 @ 00:27:49
We went a bit off topic, hehe. Wow, good that you have friends from BP. So many Chinese there, hehe. It’s almost Chinese town
Many nice people.. ah.. miss my friends there… wow, you been to Tokyo? That’s next on my list, hehe.
MKL´s last blog ..So hot, she made his nose bleed!
Dec 14, 2009 @ 00:33:49
Tokyo in yoru list now? Envious! you must try the Ramen there! the best best best best best!!!!!
I came back to Malaysia and start begging for it and can’t find it in any place that taste good like in Tokyo!
ummmmmmm I miss Ramennnnnnnn!!! hahahhahaha
Dec 14, 2009 @ 02:27:35
Hi Netster! I’ve never used Friendster, so I don’t know anything about it. Just stopping in to say hello though. Hope you have a good week!
Daisy´s last blog ..Daisy Is Dishing Out a Prize—Come Enter My Giveaway!
Dec 14, 2009 @ 13:31:04
Hello Daisy
XOXO Hello back at ya 
I have a great weekend and The first day of the week seem so promising hahahah
Thank you
XOXO
Netster´s last blog ..Google buys Friendster Vs Mol buys Friendster
Dec 19, 2009 @ 15:44:51
rumours says that ICQ is going to be bought by russians, because its most widely used in .ru
Anyways i’d like to use jabber now (yes , Google Talk is jabber based too)
Dec 19, 2009 @ 17:56:17
I remember ICQ was very famous in the 90s! ICQ was all over the news
in Chinese movie, ICQ was featured countless time!
I log on from time to time on ICQ, I keep my Gtalk on 24/7.
Jabber/Gtalk are really light weight… easy to use.
Facebook should use Jabber so I can connect with my friends! alas, Bummer!
Dec 20, 2009 @ 09:11:01
chinese are using mostly Q-Q,
while the most popular in the world is MSN,
Jabber is open protocol , so if someone (like Google , or Facebook , or Yandex (russian search-engine, still more used here than Google)) create their own IM, based on jabber , thats good )
Dec 20, 2009 @ 22:32:00
Funny thing that ICQ would die. MSN was not even invented before ICQ? am I right?
Dec 21, 2009 @ 11:30:36
icq was one of the first im’s , another one been aol instant messenger (AIM), later AOL aquired icq as well and both im’s were partially merged (when aol sells icq they will unmerge again? interesting)
will it die or not — we’ll see, its still useful in Russia (but not around the world)
Just like friendster, services which are popular in one country or region are attractive to locals, and less attractive to those who are operating them as a global service.