Friendster Gets $20 Million and a New CEO

2020年2月14日

Friendstergetsnewfundingtothesoundof$20millionandanewCEOfromGoogle。

LookslikeFriendsterisonarolltoday。

TheyjustannouncedthattheyvecompletedaVentureroundwithIDGVentures,KleinerPerkions,BenchmarkCapitalDAGVenturesandFoundersFund,pumpingin$20million。

Moreover,theyhiredanex-GooglertobetheirCEO,RichardKimber,formerregionalmanagingdirectorforSouthAsia。

Friendsterisoneofthepioneering,ifnotthepioneer,ofthesocialnetworksweknowtoday。

MySpace,Facebook,Orkutetc。

allfollowFriendsterstemplate。

However,FriendsternevermadeitbigintheUSbeingovertakenbyMySpacethenFacebookwhonowsheretopspotsintheUSmarket。

Onthebrightside,FriendsterdidfinditsbreaksinAsia。

Currentlyitisnowthenumber1socialnetworkinSingapore,Malaysia,IndonesiaandPhilippineswithover33millionactivemembersfromthatregionalone。

ThismakessensehiringRichardKimberfromGoogle。

KimberalreadyhasexperiencemakingmoneyforGoogleinAsiaandFriendstersurelyneedsthatwisdomtohelpthemmonetizetheirsocialnetworkintheregion。

FriendsterisgrowingatanenormousrateinAsia-Pacificandisclearlyleadingthecompetition。

IbelievethisispartlybecausetheInternetistransformingthelivesofeveryone,anditwillprobablybecomeoneofthegreatestliberatorsofourtime,Kimbersaidinastatementthatseemedtingedwithmildpoliticalundertones。

Ilookforwardtogrowingourbusinessfurther,aswecontinueourglobalgrowthandstrongfocusonAsia。

ThelatestroundoffundingwillbeusedtohiremoreemployeesinAsiaandopenmoreofficesintheregion。

KimbersaidthathellbemaintainingexecutivepresenceinSingapore,thePhilippines,Malaysia,andIndonesia。

Personally,IveaFriendsteraccountthatIoncekeptupdatedbackin2003to2007,however,IvenowshiftedtoFacebook。