The story of Friendster’s failure. By way

The story of Friendster’s failure. By way of illustration, the people involved all blame each other for the debacle. I’ve gotta say, I loved watching Friendster fail…they were the poster child for stupid dot com companies during a time when that crap was all supposed to have been flushed down the toilet. “At MySpace, they rode the wave instead of fighting it [as Friendster did], and encouraged users to do pretty much as they pleased.”

• business
• friendster
• social networks
• stupid companies