Valleywag
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xochi birch
Bebo founder admits her fortune came from ripoffs
Imitation is the sincerest form of getting rich. MySpace got bought early, on the cheap; Facebook has yet to cash out. Michael and Xochi Birch's sale of Bebo, a social network more popular overseas than in the U.S., to AOL for $850 million has been the best social-network cashout to date. And how did they manage it? Shamelessly copying other sites, Xochi Birch admits to the BBC. More » -
too insidery
New Gawker editor's secret Web shame
Yesterday, I met Gabriel Snyder, the former W Magazine writer who's starting as Gawker's new managing editor next week. We're coworkers, since Gawker Media publishes both Gawker and Valleywag. He seems nice enough. But one thing worries me: He has a Friendster profile, which was quite au courant in 2003. The profile, like the site itself, is seriously out of date, listing Snyder as single. He's engaged. Sorry, ladies. -
jonathan abrams
Friendster founder still pretty bitter
I like how New York Times reporter Brad Stone ends his doom-and-gloom trend piece 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 scenario he's certainly familiar with. Then like some man on the corner wearing a sandwich board, Abrams rails against all what Stone describes as the "uninspired, copycat entrepreneurs" of Silicon Valley who are "obsessed with the internal gossip and minutiae of the industry." More » -
social networks
Friendster flashbacks as Facebook goes after fakesters
It seemed like only yesterday that Jonathan Abrams was waging an all-out war against "fakesters," or made-up public profiles on his social networking startup Friendster — because lord knows, we can't have people misrepresenting themselves on the Internet. Now it's Facebook's turn to play the heavy, with users of the PackRat application getting multiple accounts deleted. Players of the social card game were signing up under pseudonyms in order to give themselves an advantage in the social card game. More » -
the chart
Worldwide visitors to Facebook up 153 percent in a year
Metrics firm ComScore reports that 132 million unique visitors logged onto Facebook in June 2008, up from just 52 million in June 2007. 117 million worldwide users visited MySpace during June 2008. Its Facebook's first definitive traffic victory, from a source advertisers actually pay attention to, over MySpace. Way down on the list at No. 6 — past the fast-growing Hi5, past still-kicking Friendster — there's AOL CEO Randy Falco's $850 million social network, Bebo, which saw 24 million visitors in June. -
hires
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 serve as the new CEO of Friendster — 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 investors limp to liquidity (read: trolling for cash with Friendster's social network patents), he can probably introduce Friendster founder Jonathan Abrams to all sorts of Vietnamese hotties. -
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Social network popularity just like high school
"Like the popular kids, Facebook will end up living in a trailer — just down the gravel road from Friendster." [Details] (Photo by AP/Jack Plunkett)
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the chart
Bebo needs cash to keep its servers running
Now we know why Bebo's so eager for more cash. It needs more servers. According to Pingdom, Bebo has already been down for 12 hours and 28 minutes so far this year. Check out the full chart to see how 13 other social networks have fared so far. -
valleyspeak
Social nerdwanking
Coined by R. Stevens in his webcomic Diesel Sweeties, "social nerdwanking" means lording your social-network superiority over others, which is secretly the only reason you bother with Facebook, Tumblr, Twitter, Orkut, and every other social network. Except your legitimate if fruitless use of Adult FriendFinder. -
the chart
VC sponsors a social-network pissing contest
VC blogger Fred Wilson gives Google and Yahoo too much credit: He's taking their "Inbox 2.0" initiatives to turn Gmail and Yahoo Mail into social networks seriously. He 's put together a chart comparing the "social graphs" — we think he means "number of users" — of some popular social networks versus Microsoft's Hotmail and AIM.com. Wilson estimates that Yahoo and Google, which aren't actually on the chart, have about 250 million and 60 million users. Here's the chart. More »
friendster
San Francisco, 9:31 AM
Thu Dec 4
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