Why Google won't buy Friendster
There's a rumor of Google offering (again) to buy Friendster, but what could Google possibly gain from that? Plenty has changed since Google's first offer of $30 million. Five reasons that Friendster is a rotten piece of flipmeat.
| 2003 | 2006 |
|---|---|
| Friendster was fresh. | Friendster is dying. |
| No other network was this popular. | Myspace, Facebook, LinkedIn, Dogster, Tagged, Tribe, 43 People... |
| Especially not Google. | Orkut. |
| A healthy level of VC funding. | Bloated. And even the VCs know it. |
| Google still had room to buy stuff. | What have they bought in the last year? Dodgeball? Is that — oh, wait — oh, it's a social networking site? Well damn. |
Rumor: Google to buy Friendster [a doubting SiliconBeat]
Friendster recapitalized
