Long time readers know I'm no fan of Friendster. But I've heard from multiple sources that the following are (or soon will be) true:
- CEO Scott Sassa is out
- More VC funding (even though they were cashflow positive)
Discuss. Or not.
(Friendster hackers: If you're looking for another job, ping me. I know folks hiring, both at Yahoo! and elsewhere.)
Update: More on this at The Tech Beat. Thanks for the credit, guys. And now Jeff is woried about the movie. Heh. :-)
Posted by jzawodn at May 24, 2005 03:10 PM
Here's the part where I figure out where to put my schadenfreude.
blah, they were roadkill a year ago. web 2.0's pointcast. remember when pointcast had a buyout offer for $700 million? think they finally sold for less than $20 million. strike while the iron is hot gentlemen, you are not the next google.
Yea, it's true. I'll be pinging you.
GrumpY! really needs his (or her?) own blog. I *need* to hear that voice every day. ;)