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DriverHeaven Extreme Member
Join Date: Apr 2004
Posts: 7,275
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Friendster scoops up $10 million in funding
Source: ZDNet
________ Friendster has landed a $10 million investment, providing the struggling pioneer of social-networking sites with funds to recapture defecting users and establish new friendships. Friendster, which over its brief three-year history has lost its social-networking lead to such challengers as MySpace.com and Facebook, received the investment on Monday from venture capitalists DAG Ventures, Kleiner Perkins Caufield & Byers and Benchmark Capital. |
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