Facebook and Friendster: A Comparative Study - Research Paper Example

Comments (1) Cite this document
Summary
If Facebook was a country, it will be bigger than the U.S., next only to China and India. It has more than 600 members and 75 percent of that log in daily to spend at least 75 minutes of their day…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.3% of users find it useful
Facebook and Friendster: A Comparative Study
Read TextPreview

Extract of sample "Facebook and Friendster: A Comparative Study"

Download file to see previous pages It has been the subject of academic and business discussions, books have been written about it, and Facebook itself has been vigilant in reinventing itself that causes even more media stir. For a brand that didn’t even exist ten years ago, Facebook’s achievement is astounding and it would be interesting to watch how it will choose to evolve itself in the next couples of years. It is not the first social networking site and certainly not the only one. Many have come before it and many are still following suit. In fact, there are more than 5,000 social networking sites out there (Fletcher 2010, p89). Facebook is certainly the most successful in revenue. What many don’t know is that there is another site that was actually more successful in terms of membership and member activities when it began, Friendster. It started stronger than Facebook, twice as strong actually. Facebook took two years to achieve the total number of membership that Friendster got in six months. It still exists but it has certainly fallen below the ranks in the last five years. Facebook and many other social networking sites owe a lot to Friendster both in concept and business process. Yet, very few, if at all, have taken the pains to study the difference of these two companies. Mark Zuckerberg, founder of Facebook, has never acknowledged Friendster as an influence in Facebook but many of its business decisions are notably opposite what Friendster did. 1.2 Statement of the Problem Whether or not Facebook has taken inspiration from Friendster will never be known until Zuckerberg denies or confirm it. However, the similarities and differences about the companies have been very public and many of the business decisions the owners have made were discussed publicly. It is evident that both run on the same business concept but only Facebook remains strong. This paper will answer how Facebook managed to become more successful in terms of revenue, market share and brand positioning and how Friendster failed in what many called the greatest digital idea of the century. Research Objective This study aims compare the business strategies of two Facebook and Friendster, two of the most important Social Networking Sites. Specifically this research will answer ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Facebook and Friendster: A Comparative Study Research Paper”, n.d.)
Retrieved de https://studentshare.org/business/1391845-it-can-be-anything-under-the-sun
(Facebook and Friendster: A Comparative Study Research Paper)
https://studentshare.org/business/1391845-it-can-be-anything-under-the-sun.
“Facebook and Friendster: A Comparative Study Research Paper”, n.d. https://studentshare.org/business/1391845-it-can-be-anything-under-the-sun.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
kl
klockoclair added comment 1 year ago
Student rated this paper as
The topic of "Facebook and Friendster: A Comparative Study" is quite often seen among the assignments in university. Still, this document opens a brand new perspective of seeing the question. I’ll use the manner for my own research.

CHECK THESE SAMPLES OF Facebook and Friendster: A Comparative Study

Facebook

...Facebook Executive Summary Facebook is currently the top ranked social networking site that has surpassed strong competitors in the market due to its innovative features and options. The concept that initiated from the dorms of Harvard University by a student, has managed to attract more than 600 million users in the past 7 years. The co-founder of Facebook, Mark Zuckerberg, had been accused of stealing the concept of Facebook from three students in Harvard University. However, he won his case against them and cleared any misconceptions about the source of the concept. Facebook was launched when the idea of social networking sites had already been...
15 Pages(3750 words)Essay

Facebook

...? Facebook Introduction The growth of facebook since its introduction was phenomenal. When it was introduced, many people perceived it just as another communication channel or social network rather than anything else. However the influence of facebook over human life at present is tremendous and it is difficult to describe it in words. Business, marketing, advertising, politics etc are some segments in which facebook contributed heavily to the global public apart from providing instant communication opportunities. The recent political developments in Arab world are believed to be stimulated by facebook. In fact the current Arab revolution is referred as...
5 Pages(1250 words)Essay

Stakeholder Comparative Study

...Stakeholder Comparative Study The following paper presents, discusses, and reviews the main stakeholders of British Land Company in comparison to the Shell Petroleum Development Company of Nigeria. Both companies are publicly traded companies on the London Stock Exchange. Each focuses on a different industry and therefore may have different types of stakeholder categories to account for. The British Land Company is a public company for which the primary business is real estate, while Shell Development Company of Nigeria is a subsidiary of the Royal Shell Company and is focused on the energy sector in Africa. The companies of interest in this analysis do belong to industries which are very different in...
8 Pages(2000 words)Case Study

Comparative study

...A Comparative Study Of Sean OCasey’s - the Plough and Stars, Sue Monks Kidd - the Secret Life of Bee’s and inside Im Dancing Submitted by: XXXXXXXXX Student Number: XXXXXXXXX University of XXXXXXX Tutor’s Name: XXXXXXX Subject: XXXXXXX Subject Code: XXXXXX Number of words: XXXXXX Date of Submission: 23- 05- 2009 Themes Used: The Secret Life of Bees is a book which wraps a coming of age story of a little girl in search of her mother. This book has highlighted and touched upon serious matters like the racial discrimination and the civil rights movements. Also a strong stir of feminism and spirituality has also been portrayed. The novel is one which is a non – fiction and has been able to rightly portray the...
2 Pages(500 words)Coursework

Facebook

...Running head: Web based web e-book Web based Face E-book Affiliation November 2009 Web based Face-E-Book business Emergence of the Internet has offered numerous opportunities to the businesses and industries to survive and grow not only in local markets as well as internationally. Lot of new and innovative types of online businesses can be seen nowadays. This report presents analysis of the new web based business development and implementation. This business will be an online book retailer shop that will facilitate the people to buy and search books online. The main inspiration of this system development has emerged from the “FaceBook”. This new web based system will be a website that offers the facility to people to...
2 Pages(500 words)Essay

Facebook

...computers, with fellow students Chris Hughes, Eduardo Saverin and Dustin Moskovitz, all of whom were his roommates. Zuckerberg is an Internet entrepreneur and computer programmer. A number of social networking websites were already developed by Mark Zuckerberg while he was still studying Psychology at Harvard University. The idea of Facebook was invented before 2004. After the name of the web was bought for $200,000 in August 2005, the name became Facebook.com which was the demanded name. At the beginning , Zuckerberg and his friend rented a small house that served as an office over the summer. After that the co-founder Peter Thiel provide the first amount of investment which was $500, 000 via PayPal ,...
5 Pages(1250 words)Essay

Facebook

..., that there is, ultimately, “no contenting some people References: Topsites, 2012. Web. 16 April 2012 : http://www.alexa.com. BBC. (2011, Aug 22). Facebook changes privacy options. Retrieved from BBC: http://www.bbc.co.uk/news/technology-14633427 BBC. (2010, Jan 28). Canada to probe Facebook privacy. Retrieved from BBC: http://news.bbc.co.uk/2/hi/technology/8484664.stm Jhonston, A., & Wilson, S. (2012). Privacy Compliance RIsks for Facebook. IEEE Technology and Society Magazine. Teschler, L. (2010). Facebook Follies and Privacy Problems. Design.com.... book: Introduction: The Web 2.0 has given the world or communications and internet a totally new dimension and vision. It has enabled new forms of communications that were not possible...
4 Pages(1000 words)Research Paper

Facebook

...Facebook Facebook is a social networking site that was founded by a 23 year old keen computer programmer, psychology student at Harvard, Mark Zuckerberg in 2005. It was not his first application since he had already launched other networking sites like Coursematch that allowed users to see those taking their degree (Harvell & Ben, 5). The Facebook platform needs that an individual creates an account that is signing up and creating a profile that will identify him or her. Friends and family use this to interact despite distance that may be an impediment when it comes to physically meeting or calling. It is important that once one joins Facebook and becomes a member, they...
2 Pages(500 words)Essay

Friendster

...Options Used To Contest the Validity and Enforceability of Patents Options Used To Contest the Validity and Enforceability of Patents Defense options against a possible legal suit by Friendster include a pledge of non-infringement into the rights of the patent holder. Legal liability may be avoided if Facebook and Myspace proves that they did not infringe upon the patent rights of the plaintiff. They may show that the software they use do not infringe upon the patent (Casey, 2000). Since infringement is only proven if the accused software and processes has all elements of the contested invention, if the defendants invention has elements that are different, no infringement can be proven. A defendant who...
1 Pages(250 words)Assignment

A comparative study between English and Arabs' compliments on Facebook

...Arabs and English on Facebook Social media has changed the way we interact with each other. People share bits of their liveswith the online community every day. People tend to post pictures, videos or update statuses saying something small about their day or experiences. The need to say something in person has been eliminated. If any person has something to say about something that they saw online, they can just attach their comment to the post, photo or video that was shared. Facebook is a global phenomenon that has taken root in all countries. In the English speaking and Arab speaking worlds, the users are numerous. They use the social media site in ways that differ from each other. When Arabs give...
1 Pages(250 words)Statistics Project
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Facebook and Friendster: A Comparative Study for FREE!

Contact Us