Can Facebook Avoid The Curse Of Friendster?

Have you ever heard of Friendster? If you live in the United States and are under the age of 20 then probably not. Anybody in the social media space knows Friendster as a metaphor for a great success gone awry. Friendster was the first site to make social networking mainstream through an invite only system which attracted millions of users during which time the founders turned down a $30 million acquisition offer from Google.

Every successful social network has received an offer from Google and other internet giants at one point or another and Facebook is no exception.