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Friendster

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Comp List Used In Valuation: Social Networking 2
Projections Used In Valuation:
Revenue EBITDA Cash Debt
2008 N/A N/A
2009 N/A N/A
2010 $10.00M $500.00k
2011 $10.00 $500.00k
2012 $10.00M $500.00k
TTM $10.00M $500.00k N/A N/A
Website: http://www.friendster.com
Recent News: Search Google News for "Friendster"
Founded: 2002
Address: Mountain View,CA,United States
Company Description:
Friendster is an Internet social network service. The Friendster site was founded in Mountain View, California, United States by Jonathan Abrams in March 2002 and is privately owned. Friendster is based on the Circle of Friends and Web of Friends techniques for networking individuals in virtual communities and demonstrates the small world phenomenon. It currently has more than 70 million members worldwide and is mostly used in Asia. Based on Alexa.com, Friendster ranked 2nd most visited website in the Philippines while Yahoo! is the most visited website in the Philippines and third party friendster-layouts.com, 16th. It is estimated that nearly 90 percent of internet users in the Philippines have Friendster accounts.

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