More on Social Networking - Friendster

Apr 15, 2004 - 6:26 pm 0 by
Filed Under Miscellaneous

I seem to post once a week on this social networking topic but here is one more. Lisa from Trylon Communications emailed me about this article over at BusinessWeek Online named Tim Koogle's Connection at Friendster. This quote give me confidence in my last posts on this subject, Social Networking is going to be a tough sell financially.

"the business opportunities in social networking appear cloudy, at best. If sites charge visitors to create a profile, it would curtail the number of people joining the network, squelching the potency of these services. Although Friendster has been exploring ways around this, such as including ads on its site, it still lacks a firm business plan. That challenge is right up Koogle's alley. He joined Yahoo in 1995, when it boasted just a handful of employees and no business plan. By 2000, he had helped build the portal to over $1 billion in revenues. Whether from his perch on Friendster's board or as CEO, Koogle is betting he'll match that success.�

 

Popular Categories

The Pulse of the search community

Follow

Search Video Recaps

 
Google Core Update Rumbling, Manual Actions FAQs, Core Web Vitals Updates, AI, Bing, Ads & More - YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Search Forum Recap

Daily Search Forum Recap: March 18, 2024

Mar 18, 2024 - 4:00 pm
Google Updates

Google Urges Patience As The March 2024 Core Update Continues To Rollout

Mar 18, 2024 - 7:51 am
Google

Official: Google Replaces Perspective Filter With Forums Filter

Mar 18, 2024 - 7:41 am
Google Maps

Google Business Profiles Now Offers Additional Review After Appeal Is Denied

Mar 18, 2024 - 7:31 am
Google Maps

EU Searchers Complaining About Google Maps Features Changes Related To DMA

Mar 18, 2024 - 7:21 am
Google

Google Showing Fewer Sitelinks Within Search

Mar 18, 2024 - 7:11 am
Previous Story: Link Building for the Lazy Man