Friendster Company Description
Is everyone on Friendster connected to Kevin Bacon? Friendster hosts social networks of friends through Friendster.com. Members create profiles on Friendster.com through which they can trade messages, view each other's tastes and preferences, and write testimonials about friends. It also features a blogging service powered by software from Six Apart. Friendster has about 70 million members. Founded in 2002 by Jonathan Abrams, Friendster received considerable buzz in its first year, but the hype has since fizzled as a result of strong competition. Investors include Kleiner Perkins and Internet heavyweights such as former Yahoo! CEO Tim Koogle, former PayPal CEO Peter Thiel, and former Amazon.com VP Ram Shriram.
View the Comprehensive Company Description for Friendster
The Company Description provides a historical perspective of Friendster's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Friendster's evolution in the marketplace.
