Friendster up for sale?
From hoop’s blog, is the popular social networking site which every online (well almost) Filipino love, looking for a buyer?
Friendster spokesman Jeff Roberto declined to comment for this story. A spokeswoman from Montgomery said the company could not confirm nor deny whether Friendster is a client.
Earlier this year, Friendster was shopping for a buyer, and according to one source, it was looking for a sale price in the ballpark of $200 million. Now its price has been lowered to the range of $50 million to $100 million, the source said…
… Friendster recently reconfigured itself as more of a dating or personals site, and it has added features like blogs and photo sharing. According to its Web page, the site has roughly 21 million members.
Just like pancakes — sell it while it’s hot! With all that uncontrollable porn pictures and dating/escort requests, they’re better off selling it.