The Billion-Dollar Blackhole of Social Media
Will anyone miss GeoCities, the antiquated homepage service Yahoo bought for $3.5 billion in 1999, and then left to rot? Venture capitalist Fred Wilson will — he hasn't seen that kind of payday in ages.
Friendster founder still pretty bitter
I like how
New York Times reporter Brad Stone ends his in today's paper — with a quote from a man who has more reason to be paranoid and jaded than most, failed Friendster founder Jonathan Abrams. Abrams, who now runs a six-person startup called Socializr, says he's prepared to “hunker down if things go bad," a…
Googler jumps ship for Faceb... erm, Friendster
Richard Kimber, managing director of Southeast Asian operations at Google, won't be moving into
the search giant's new Sydney offices. Instead, he'll — probably enticed by a healthy share of the early social network's latest $20 million in venture capital. While it remains to be seen if Kimber can help the company's…
A is for Adelson, who cofounded Digg
Digg cofounder Jay Adelson is now asked by the likes of Kara Swisher how he'd fix big media companies, as in this clip. But there was a time when he barely knew what to do with his own Internet startup, Equinix. That tale and more covers 54 out of 294 pages in Once You're Lucky, Twice You're Good, Sarah Lacy's…
Geeks gone mild raid Uncov shindig
The geeks behind caustic Web 2.0 review site Uncov threw down Friday night at SoMa's Mars Bar. There were no demos, no sponsors, and not a blue shirt in sight. Instead, there was a lot of drinking. My kind of scene. A few months after launching the site, writers Ted Dziuba, Kyle Shank, and Matt Kent decided to…
Noah Kagan, the martyr of Facebook
With Facebook friends like these, who needs enemies? Noah Kagan, who left his job at the social network abruptly in mid-2006, now has a Facebook group in his honor: "Boycott Facebook until Noah Kagan is re-hired!" Valley prankster and Friendster founder Jonathan Abrams created the group. We pinged Kagan, who's now…
Friendster's founder just copied a friend
Friendster inventor Jonathan Abrams ripped off a pal's business networking idea and slapped a dating model on it, according to Sean Ness. Sean tells major blog Boing Boing:
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