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I bought Friendster for $30k – Here's what I'm doing with it

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Re: I bought Friendster for $30k – Here's what I'm doing with it

#81

Post by austhrow743 »

readitalready wrote: post #33

I really wish more social networks would have a "fading connections" limit. So many social networks suffer from stale connections and networks, and these connections should expire after a year. Otherwise, it will permanently define a social network's content and editorial direction without algorithmic control. For example, Selena Gomez will always have 400million followers on Instagram, but she's socially irrelevant…

>keeping the overall network fresh and relevant

What does this mean? Like in practical feature terms and benefit to the end user?

Your system kills the social networks ability to act as someone's modern day rolodex of contact information of previous acquaintances. What do they get in exchange for that?

Re: I bought Friendster for $30k – Here's what I'm doing with it

#82

Post by TulliusCicero »

giancarlostoro wrote: post #46
readitalready wrote: post #33

I really wish more social networks would have a "fading connections" limit. So many social networks suffer from stale connections and networks, and these connections should expire after a year. Otherwise, it will permanently define a social network's content and editorial direction without algorithmic control. For example, Selena Gomez will always have 400million followers on Instagram, but she's socially irrelevant…

I feel like that was what made Google Plus better and yet because it was Google shoving everything into Google Plus itself to force numbers… it failed. Circles in Google Plus is the most underrated thing I have ever seen. You can basically group friends under specific labels, so if you want to only share some posts / photos with family, only family will see it, wanna share posts with former and current coworkers? Hav…

It's a great idea in principle, but it requires some manual work, which most users aren't gonna bother with.

Re: I bought Friendster for $30k – Here's what I'm doing with it

#83

Post by pants2 »

readitalready wrote: post #79
giancarlostoro wrote: post #46

Earlier quoted context omitted.

I feel like that was what made Google Plus better and yet because it was Google shoving everything into Google Plus itself to force numbers… it failed. Circles in Google Plus is the most underrated thing I have ever seen. You can basically group friends under specific labels, so if you want to only share some posts / photos with family, only family will see it, wanna share posts with former and current coworkers? Hav…

Messages group chats are the circles now.

Also Discord - tons of people use Discord as a social network and keep up with friends. I must have 5 friend groups that have their own Discords with some overlap.

Re: I bought Friendster for $30k – Here's what I'm doing with it

#84

Post by ca98am79 »

trueno wrote: post #56
MattRix wrote: post #40

Earlier quoted context omitted.

That is literally their point.

yea the moment 1bn was on the table id quickly think about how not-necessary social media is for humanity and id take the check and peace out like tom from myspace & proceed to drink liquor out of coconuts on a beach somewhere. though id have the utmost respect for someone who could hold onto the possibility to threaten the facebook/instagram/snapchat moat, realistically i don't think anyone in here could stick to th…

or already have enough money

Re: I bought Friendster for $30k – Here's what I'm doing with it

#85

Post by s0a »

axoltl wrote: post #27
s0a wrote: post #16

Earlier quoted context omitted.

why not a proper Progress Web App so it can run on any device independent of app stores? it's not as though a social app needs deep OS integration. I'm sure Claude or Codex could vibe code that in an afternoon.

The central point of this app is to determine proximity of two devices. That's not possible today in a cross-platform way using web apps.

PWA has access to bluetooth (BLE on all platforms) and NFC on Android

Re: I bought Friendster for $30k – Here's what I'm doing with it

#86

Post by echoangle »

trueno wrote: post #56
MattRix wrote: post #40

Earlier quoted context omitted.

That is literally their point.

yea the moment 1bn was on the table id quickly think about how not-necessary social media is for humanity and id take the check and peace out like tom from myspace & proceed to drink liquor out of coconuts on a beach somewhere. though id have the utmost respect for someone who could hold onto the possibility to threaten the facebook/instagram/snapchat moat, realistically i don't think anyone in here could stick to th…

I think the point was that it should be unsellable. If it’s federated, how are you able to sell it? Then, it could be trusted.

Re: I bought Friendster for $30k – Here's what I'm doing with it

#87

Post by prettyblocks »

QuantumNomad_ wrote: post #66
wongarsu wrote: post #42

Earlier quoted context omitted.

If you had a steady investment opportunity with 10% return (about in line with long-terms stock market returns), $9000 per year indefinitely is worth the same as $99000 now (in an idealized finance world. In the real world you can't invest $99000 and withdraw $9000 per year because withdrawals during downturns will take out too much. But it's a quick way to calculate equivalent values). That's obviously an upper boun…

I imagine that $9k ad revenue is a site that had an actual user base. And that the guy taking over the domain is going to just put all ads and no content, like he had on Friendster.com. And if so, the expected ad income is probably much lower.

I believe it's 9k/year in parking revenue.

Re: I bought Friendster for $30k – Here's what I'm doing with it

#88

Post by JumpCrisscross »

TulliusCicero wrote: post #82
giancarlostoro wrote: post #46

Earlier quoted context omitted.

I feel like that was what made Google Plus better and yet because it was Google shoving everything into Google Plus itself to force numbers… it failed. Circles in Google Plus is the most underrated thing I have ever seen. You can basically group friends under specific labels, so if you want to only share some posts / photos with family, only family will see it, wanna share posts with former and current coworkers? Hav…

It's a great idea in principle, but it requires some manual work, which most users aren't gonna bother with.

> it requires some manual work, which most users aren't gonna bother with

Dowsing a user's circles from their public information and Gmail inbox seems like a perfect task for AI.

Re: I bought Friendster for $30k – Here's what I'm doing with it

#89

Post by cortesoft »

readitalready wrote: post #33

I really wish more social networks would have a "fading connections" limit. So many social networks suffer from stale connections and networks, and these connections should expire after a year. Otherwise, it will permanently define a social network's content and editorial direction without algorithmic control. For example, Selena Gomez will always have 400million followers on Instagram, but she's socially irrelevant…

I am confused... what is harmed by having stale connections? Why would connections be used as an editorial filter?

Re: I bought Friendster for $30k – Here's what I'm doing with it

#90

Post by wongarsu »

sikozu wrote: post #49
pixel_popping wrote: post #38

Earlier quoted context omitted.

Anyone will sell any project for $1bn, absurd take.

I'd probably sell any project of mine for $1m, I'm very cheap.

$1B is life changing money. More than you can reasonably spend, unless you start an airline or something like that. $1m is like two Ferraris. If you buy the second one used. Of course it's also life-changing amounts of money to many. It's enough to retire in a cheap country. But only if you are very careful about your money

There are a lot of projects I would sell for $1m, but it is little enough that I would carefully consider for anything I've invested serious time into

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