My favorite bit of the article. [Abrams] was particularly vexed by the company's apparent obsession with partnerships. "At the board meetings they would say, 'We should do a deal with AOL," he recalls. "And I'd be like, 'Guys, the site is not working." He never got anyone's attention, and in 2005 he was stripped of his chairmanship.
How to Kill a Great Idea
21–30 of 47 posts
Re: How to Kill a Great Idea
#22Anyone knows the technical details? What was Friendster originally written in, and in what did they rewrite it?
Re: How to Kill a Great Idea
#23> Rather than address the problem of too many calculations, Sassa opted to make massive investments in hardware and software in 2004. Under Winner's leadership, a team of engineers completely rewrote Friendster's code into a different programming language and spent more than $1 million on a Hitachi (NYSE:HIT) storage area network, effectively halting business development for six months. Anyone knows the technical det…
Re: How to Kill a Great Idea
#24Friendster? Socializr? This guy has a talent of coming up with the most generic Web 2.0-style names imaginable.
Friendster launched circa 2002; I don't have the etymology of "Web 2.0" committed to memory, but it's safe to say the silly naming really kicked in much later.
Re: How to Kill a Great Idea
#25Great story and a perfect illustration of why old people shouldn't shoot for the stars. Old people do not understand tech trends. They try to, but it is beyond their ability. Friendster was a site created by old people, run by people, and filled with old people users. Anything that starts from the old will never migrate to the young. Old people are not leaders. They do not determine the trends. Facebook got it right…
Re: How to Kill a Great Idea
#26Great story and a perfect illustration of why old people shouldn't shoot for the stars. Old people do not understand tech trends. They try to, but it is beyond their ability. Friendster was a site created by old people, run by people, and filled with old people users. Anything that starts from the old will never migrate to the young. Old people are not leaders. They do not determine the trends. Facebook got it right…
Re: How to Kill a Great Idea
#27Great story and a perfect illustration of why old people shouldn't shoot for the stars. Old people do not understand tech trends. They try to, but it is beyond their ability. Friendster was a site created by old people, run by people, and filled with old people users. Anything that starts from the old will never migrate to the young. Old people are not leaders. They do not determine the trends. Facebook got it right…
Yes, because everyone who uses the internet is young and because every great company is run by someone young. I honestly can't believe I'm reading a comment that seems to believe the web/business world exists only within a bubble of young people. A huge proportion of great businesses are/were started by "old" people and there are plenty of examples of tech businesses that have been spectacularly successful that were also started by "old" people.
Re: How to Kill a Great Idea
#28Great story and a perfect illustration of why old people shouldn't shoot for the stars. Old people do not understand tech trends. They try to, but it is beyond their ability. Friendster was a site created by old people, run by people, and filled with old people users. Anything that starts from the old will never migrate to the young. Old people are not leaders. They do not determine the trends. Facebook got it right…
"Anything that starts from the old will never migrate to the young. Old people are not leaders." Yes, because everyone who uses the internet is young and because every great company is run by someone young. I honestly can't believe I'm reading a comment that seems to believe the web/business world exists only within a bubble of young people. A huge proportion of great businesses are/were started by "old" people and t…
Re: How to Kill a Great Idea
#29Re: How to Kill a Great Idea
#30Great story and a perfect illustration of why old people shouldn't shoot for the stars. Old people do not understand tech trends. They try to, but it is beyond their ability. Friendster was a site created by old people, run by people, and filled with old people users. Anything that starts from the old will never migrate to the young. Old people are not leaders. They do not determine the trends. Facebook got it right…
Umm, what are you talking about? This is one of the least intelligent comments I've read on HN, and I've really tried to make sense of it.
You know what they say about Finnegan's Wake? That you can start from anywhere in the book, read to the end, start from the beginning, then read to where you initially started, and the book will make just as much sense.... Well, your comment is a little like that.
If there's a thesis in there, it's something like: "of course, old people ruin anything that has to do with technology." Which is disprovable.