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Brad Stone at Bits: Friendster Lives: New Cash, New C.E.O. and a New Strategy?

Don’t count Friendster out yet. — The pioneering social network, surpassed by MySpace and Facebook in most of the world, is still going strong in Asia, and now it plans to build on its success there.

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Friendster Not Dead: Gets New CEO, $20 Million
Friendster raises $20 million, nabs a Googler to be CEO
Friendster’s rollercoaster ride just passed a booster of $20 million

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