Is Friendster up for sale?

Iria · Nov 15, 2005, 06:41 AM

Friendster, the former high-flying social network, has hired a banker to shop itself around for a buyer, according to sources familiar with the matter.

The San Francisco-based company has hired Montgomery & Co., a boutique investment banking firm in Santa Monica, Calif., to find a buyer, CNET News.com has learned. Company executives have been talking to several Internet media companies about an acquisition, according to those sources.

Friendster spokesman Jeff Roberto declined to comment for this story. A spokeswoman from Montgomery said the company could not confirm nor deny whether Friendster is a client.
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Read More / Source: News.com

EcPercy · Nov 15, 2005, 08:18 AM

Has anyone every watched the little flash video called Epic 2015? If not, check it out. I just thought "what if" when I saw this post.

Epic 2015

Nov 15, 2005, 06:41 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Is Friendster up for sale? Friendster, the former high-flying social network, has hired a banker to shop itself around for a buyer, according to sources familiar with the matter. The San Francisco-based company has hired Montgomery & Co., a boutique investment banking firm in Santa Monica, Calif., to find a buyer, CNET News.com has learned. Company executives have been talking to several Internet media companies about an acquisition, according to those sources. Friendster spokesman Jeff Roberto declined to comment for this story. A spokeswoman from Montgomery said the company could not confirm nor deny whether Friendster is a client. ___________ Read More / Source: News.com

Nov 15, 2005, 08:18 AM	#2
EcPercy HardwareHeaven Senior Member Join Date: Jul 2002 Location: Iraq Posts: 1,535 Rep Power: 0	Has anyone every watched the little flash video called Epic 2015? If not, check it out. I just thought "what if" when I saw this post. Epic 2015