Edwyn Chan’s Weblog

More stuff about Facebook

2007 November 19th
Comments

Stuff about facebook just seems to be everywhere.

Firstly, a story about how Friendster could have brought Facebook (also from Valleyvag, its a great gossip site about the web industry).  Friendster was the kind of SNS just 4 years ago, everyone wanted to buy them, how the tables have turned now.  Kind of reminds me of Dell and Apple.

The next story is about a rumor that Facebook is shopping for sites in China and apparently got their supposedly $85-100 million offer turned down by Zhanzuo.com.  Zhanzuo is backed by Sequoia so I wouldn’t be surprised if they were approached by Facebook, however I’m gonna call this rumor BS as websites in China rarely get acquired for that much.  Xiaonei.com the chinese facebook clone was only acquired for $1-2M abit more than a year ago.   I’m sure if Zhanzuo was offered that kind of money they would have taken it and ran.

You must be logged in to post a comment.

Photostream
IMGP1009eIMGP1004eIMGP1003eIMGP1000-1e