Friendster
closedDate | Investors | Amount | Round |
---|---|---|---|
$2.4m | Series A | ||
$13.0m | Series B | ||
$3.1m | Early VC | ||
$10.0m | Series C | ||
$20.0m | Series D | ||
$26.4m Valuation: $26.4m | Acquisition | ||
Total Funding | AUD75.0m |
Recent News about Friendster
EditFriendster is a social network designed to prioritize user well-being over rapid growth and profits. Operating in the social media market, Friendster differentiates itself by avoiding algorithm-driven feeds that often promote negativity and drama for increased engagement. Instead, the platform focuses on creating a friendly and positive online space for its users. Friendster's business model does not rely on advertising revenue, which allows it to maintain its commitment to user-centric values. The company serves individuals seeking a healthier and more genuine social networking experience. By not fostering addictive behaviors or stealing users' attention for profit, Friendster aims to create a better era of personalized networking.
Keywords: social network, user well-being, no algorithms, positive space, non-addictive, user-centric, no advertising, genuine connections, personalized networking, healthy online experience.