Valleywag

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.
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

12:32 AM on Thu Feb 9 2006
By ndouglas
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