Wallflower at the Web party

How Friendster missed a billion-dollar break.
The New York Times

The story "Wallflower at the Web party" published October 15, 2006 at 6:00 AM is no longer available on CNET News.

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[wangbang]

hahaha

what a greedy loser

[jmpearso]

haha 2

Yea he shoulda taken the money and run. If someone offers me even 1 million for my www.topcodez.com im gonna take it and run...hahaha
I mean 30 million? That is crazy money. But I guess I would like to know how much he was making in ad revenue each year? If he was making 10 mill then no I wouldnt of taken it.....

[sriniwass]

Failure of execution

I don't think itis a matter of greed. Ego maybe. But he had a right to try to take his idea to greater heights than the $30 million that Google was offering. Remember he also had to pay off his investors. What really went wrong was the execution of the vision. The engineers said it best, they had to make the site work right first and then add features. Whenever I visit a new site, I count to 10, or 20 if I'm really interested in the site, from the time the page first starts loading. If it doesn't load in 10 seconds, I'm off to the next thing. And I have a broadband (cable).