Friendster’s fate is “a real puzzle,” Professor Piskorski said. “This was a company that had the talent and had the connections.” he said. “They had this great idea that people really took to.”Wallflower at the Web Party - New York Times
There is no single reason that explains Friendster’s failures, Professor Piskorski added, which is what makes it academic fodder. “It’s a power story,” he said. “It’s a status story. It’s an ego story.” But largely, he said, Friendster is a “very Silicon Valley story that tells us a lot about how the Valley operates.
Sunday, October 15, 2006
Wallflower at the Web Party
Is there a lesson in this story for entrepreneurs? Take the money and run or hang in there hoping for a better opportunity, that's the big question.