Back in July of 2006 I made a short blog entry about Friendster's attempts to patent social networking software; haven't checked back until today on how our Friendster is doing:
Not surprisingly, someone's ego got the best of them. Pure ego, greed and hunger to shut out any competition, claim ultimate creator of all things social networking.... came back in an unpleasant karma.
Seems their patented social networking software is a performance loser: good "chrome" and time-to-market, but rusty under the hood and in the soul.
Here is a quote from a Harvard professor that now uses Friendster as a failure case study:
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.”
Full article and video Wallflower at the Web Party, New York Times, Oct 15th 2006.
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