Tuesday, August 5, 2008
Friendster: The Orkut of Asia
If Orkut is the Facebook of Brazil, then Friendster is the Orkut of Asia. The company, which created the social-networking market only to forfeit it to Myspace and Facebook, is apparently doing quite well in Asia. So much so, that it’s used its success on that continent to secure some new venture funding and a CEO with a Google pedigree.




BoomTown was right, Facebook has scored itself a “golden geek.” TechCrunch reports that Netscape/Opsware/Ning founder Marc Andreessen will join Accel Partners’ Jim Breyer, Founders Fund’s Peter Thiel and, of course, founder Mark Zuckerberg on Facebook’s board of directors.