By rick
via gigaom.com
Published: Dec 24 2009 / 18:47
Compare the recent sale of Friendster for a reported $26.4 million with Facebook’s projected 2010 revenues, of $1 billion, and we have a stark reminder of how the inability to scale can kill a startup. “All they had to do was keep the damned servers up and running,” Matt Cohler, a former Facebook executive and general partner at Benchmark Capital, says in Adam L. Peneberg’s book “Viral Loop,” but Friendster failed to scale and the cost was enormous.
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