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Acquired by	MOL Global
Price	$26.4M
Date	12/09

General Information

Website	friendster.com
Category	Consumer Web
Email
Employees	70
Founded	1/01
Description	Social Networking Site

Offices

Former People

Kent Lindstrom

CEO

Aaron Barnes

VP, Sales & Business Development

Chander Sarna

Senior VP, Engineering, Operations and Prod

Show All Former People

Funding

Total	$48.5M
Series A, 12/02 Battery Ventures Reid Hoffman Josh Felser	$2.4M
Series B, 10/03 Battery Ventures Benchmark Capital Kleiner Perkins Caufield & Byers Reid Hoffman	$13M
Unattributed, 5/06 Kleiner Perkins Caufield & Byers Benchmark Capital	$3.1M
Series C, 8/06 Benchmark Capital DAG Ventures Kleiner Perkins Caufield & Byers Reid Hoffman	$10M
Series D, 8/08 IDG Capital Partners Benchmark Capital Kleiner Perkins Caufield & Byers	$20M

Competitors

Facebook, Socializr, Bebo, Flickr, Tagged, Piczo, MySpace, Visible Path, Xanga

Service Providers

The Hoffman Agency

Public Relations (US, APAC)

Friendster

Friendster launched in 2002 as one of the first social networking sites. The service allowed users to communicate with other members, share online content and media, discover new events, brands, and hobbies. The site, at its peak, reached tens of millions of registered users; however, it has since lost its popularity. Friendster was acquired by MOL Global in December 2009 for $26.4 million.

In May 2011, Friendster repositioned itself into a social gaming site, discontinuing support for existing users’ social data; its new focus is on providing users with entertainment and fun.

Milestones

Friendster added Johannes Larcher as Vice President and General Manager, International.

Posted 9/20/10 at 7:56am
Friendster added Terence Pua as Country Manager, Philippines. (3/1/05)

Posted 5/14/10 at 12:37am
Friendster added Dan Olsen as Senior Director, Product.

Posted 9/9/09 at 11:05am
Friendster added Rick Marini as Advisor.

Posted 6/22/09 at 5:18pm
Friendster added Richard Kimber as CEO.

Posted 8/4/08 at 11:04pm
Friendster added Jonathan Abrams as Founder.

Posted 10/11/07 at 6:13am
Friendster added David L. Jones as VP, Global Marketing.

Posted 10/11/07 at 5:57am
Friendster added Chander Sarna as Senior VP, Engineering, Operations and Prod.

Posted 10/11/07 at 5:51am
Friendster added Aaron Barnes as VP, Sales & Business Development.

Posted 10/11/07 at 5:51am
Friendster added Kent Lindstrom as CEO.

Posted 10/11/07 at 5:49am
Friendster received $3.1M in Unattributed funding. (5/19/06)

Posted 4/6/10 at 3:57am via siliconbeat.com
Friendster received $2.4M in Series A funding. (12/1/02)

Posted 6/29/09 at 3:16pm
Friendster received $20M in Series D funding. (8/5/08)

Posted 8/4/08 at 11:11pm via techcrunch.com
Friendster received $10M in Series C funding. (8/1/06)

Posted 10/11/07 at 6:05am via news.com
Friendster received $13M in Series B funding. (10/1/03)

Posted 8/22/07 at 1:57am
Friendster was acquired by MOL Global for $26.4M. (12/10/09)

Posted 12/14/09 at 3:27am via techcrunch.com