Executive TL;DR:

• Purchased Friendster for $30,000
• Plans to revamp the social media platform
• Focus on user interests and community building

The Buzz Score

The Internet’s Verdict: 70% Hyped, 30% Skeptical

Forum Voices

Users are sharing their thoughts on the potential of Friendster’s revival.

I have a sliver of an idea for social media based on curiosity and knowledge tidbits. Each user gives itself some field of interest, maybe its makeup, maybe its molecular biology, maybe it’s something else. Then the system finds similar people with same interests.

Others are discussing the purchase price and potential for growth.

Unless I’m misremembering my limits, even if it made $4,500 next year and continued to cut in half every year after that, it would still account for $9,000 of revenue projecting indefinitely into the future.

Next Steps

The new owner’s plans for Friendster are still unfolding, but one thing is clear: the goal is to create a unique social media experience.

Focus Keyword: Social Media