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Friendster Hires CEO, Hints at Biz Model

Silicon.com: Friendster hires new CEO

Friendster finally hired a non-interim CEO, former NBC executive Scott Sassa. In a signal that the company may actually want to start making some revenues, Sassa indicated that the key money-making opportunity for Friendster lies in having members recommend products to one another. Countless Friendster imitators are now likely wondering if they've made a mistake.

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