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In the Beginning, There was the Internet and Now…

By Duets Guest Blogger on December 10, 2009
Posted in Agreements, Almost Advice, Social Networking

Friendster, the pioneer of social networking, was recently acquired by the Malaysian company MOL Global Pte, which is an affiliate of MOL AccessPortal Berhad, a company that operates and develops payment systems in Asia, for $1.8 billion. I assume at this price the return on investment was pretty nice for the founders of Friendster, but the…

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