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I bought Friendster for $30k – Here's what I'm doing with it

https://ca98am79.medium.com/i-bought-friendster-for-30k-heres-what-i-m-doing-with-it-d5e8ddb3991d
187•ca98am79•2h ago

Comments

gnabgib•2h ago
Related: Friendster Relaunch (28 points, 3 days ago, 14 comments) https://news.ycombinator.com/item?id=47883307

Ask HN: How to make Friendster great? (98 points, 11 months ago, 141 comments) https://news.ycombinator.com/item?id=44053119

dang•1h ago
(The one from 3 days ago never made the frontpage so we won't treat it as a dupe)
mmclar•1h ago
Can you please make it (and keep it) so that friendships are symmetrical? I.e., "friend" rather than "follow". IMO that's the enshittification inflection point of Facebook.
Ferdinandpferd•1h ago
Or at least use proper terminology for following someone with reciprocity: stalking.
hoppyhoppy2•1h ago
do you mean "without reciprocity"?
lwhi•1h ago
Why no android app?
pixel_popping•1h ago
Why no website as well? Can't use it from a laptop, it's a bit strange for a social media, many don't like typing on a phone.
GaryBluto•1h ago
Especially odd considering that Friendster began at a time when social media on phones was unheard of.
Quarrelsome•58m ago
I remember when we considered a website that tells the user to download an app an anti-pattern (e.g. earlier versions of iMusic).
randallsquared•21m ago
That's a great question, since the genesis of this was the domain name, which no one using the app will care about or visit. That is, the only thing that was actually needed here was the trademark, it appears.
s0a•1h ago
why not a proper Progress Web App so it can run on any device independent of app stores? it's not as though a social app needs deep OS integration. I'm sure Claude or Codex could vibe code that in an afternoon.
axoltl•1h ago
The central point of this app is to determine proximity of two devices. That's not possible today in a cross-platform way using web apps.
pixel_popping•59m ago
You can with the Geolocation API.
s0a•13m ago
PWA has access to bluetooth (BLE on all platforms) and NFC on Android
moffkalast•1h ago
Clearly targeted towards a US only audience I guess?
gpm•1h ago
Even in the US... something like half of people have an android.

Starting a network effect product like a social network where you exclude half the social graph seems like... quite a decision.

citizenkeen•1h ago
Worked for Facebook.
pixel_popping•1h ago
It's likely much more than half because I don't see a guy working on his laptop and switching on his phone to be able to answer messages, I personally never use social medias on a phone, it's annoying to type.
QuantumNomad_•16m ago
I prefer most communication to happen from my phone. Keeps the laptop less distracting when I don’t talk with people so much on it. Except Slack on work computer. That one I keep open and use for talking with coworkers. But that’s because it’s part of the job, and also relevant for me and them to be talking about things we are working on.
ca98am79•1h ago
I plan to make one in the future. It's just me
bossyTeacher•1h ago
The main functionality to add friends is that you need to use the phones physically touching feature of iPhones. This doesn't exist in Android afaik.

The guy wants people to meet in person rather than doing social media the normie way.

goosejuice•35m ago
https://developers.google.com/nearby no?
toyg•33m ago
Android has QuickShare which can be leveraged.

For the record, the feature you describe was first introduced on Samsung phones 14 years ago - and later removed, likely after poor adoption. Because Apple "reinvented it", it's now planned to be reintroduced on Android too.

addedGone•1h ago
We can't seem to be able to login from the website, it requires an Apple account? The UI might not be showing up properly.
altairprime•1h ago
It’s app-only, right?
sikozu•34m ago
iOS only unfortunately. Big shame.
hateful•1h ago
The only thing I liked when I did use Facebook was the "wall". To be able to post on a friend's wall semi- publically where their friends can see it. Most other Facebook clones have had the idea of tagging, but it wasn't the same. (E.g. Google+)
philipnee•1h ago
thanks for bringing it back!
mjamesaustin•1h ago
This looks exactly like what I've been looking for. I love the idea of using phone proximity as the only way to add friends.

I think it will be very important for the onboarding process to be effortless, so you should focus on that. Until you reach some kind of saturation, most people will be downloading the app because a friend wants to add them. Having a way to generate a QR download code on my phone when I "add" a friend so they can take a photo and then download it, and immediately connect us, would be huge.

Do you have any kind of development plan for new features?

collinmcnulty•16m ago
I just signed up and it’s super fast. Download the app, put in your name, allow Bluetooth. No email, no password, nothing.
deadbabe•1h ago
Could you make it so you can have group chats but you can invite anyone you’ve tapped before and they can all talk together (but still not be able to talk outside the group chat)
ca98am79•1h ago
yes this is already included
saghm•59m ago
> He said he would sell it to me for $40k. I offered $20k, which he refused but he said if I had any domain names generating ad revenue, we could do a deal of domains and cash. He said he would accept a lower amount if I paid in Bitcoin.

> So we worked out a deal where I gave him $20k in Bitcoin and a domain that was making about $9k/year in ad revenue, and he gave me the domain friendster.com. Now I was the owner of the domain name friendster.com.

I don't know anything about how to project future ad revenue of a domain, but would this be likely to be valued at only $10,000? Unless I'm misremembering my limits, even if it made $4,500 next year and continued to cut in half every year after that, it would still account for $9,000 of revenue projecting indefinitely into the future, even bumping that up to something like 60% of the previous year's revenue it would already put it at more than $10,000 (although I don't know whether ad revenue tends to scale with inflation or not; my instinct is that the prices of ads probably would roughly increase with inflation over time)?

I know I'm nitpicking a bit about the title, but I can't help but actually be curious now that I thought of this.

soared•49m ago
You can check out similar sales on flippa.com - ad revenue does not last forever, even if it’s existed for years. And revenue is very much not profit, you could create a site and get $100/day in ad revenue tomorrow but it would cost you $200 in ad spend.
wongarsu•38m ago
If you had a steady investment opportunity with 10% return (about in line with long-terms stock market returns), $9000 per year indefinitely is worth the same as $99000 now (in an idealized finance world. In the real world you can't invest $99000 and withdraw $9000 per year because withdrawals during downturns will take out too much. But it's a quick way to calculate equivalent values).

That's obviously an upper bound, because those domains won't make $9000/year forever. But valuing them at $10k if they make $9k/year is equally unsound. Not to mention the domain is worth more than its ad revenue. You could also end up selling it to a company that came up with the name and saw that the domain is available for purchase for some reasonable 4-5 figure amount (like in the example of this very article, where someone buys a domain for a five-figure amount)

Obviously there is a lot we don't know (is the $9k pure profit or are there substantial costs? How likely is the domain to sell?), but it sounds like the seller got the better end of the deal. He got more than $40k in value, in return the author got a deal he could afford

killingtime74•31m ago
Good analysis. if I was the author I would have just borrowed 20k in a personal loan and paid it off in three years. Of course he may be exaggerating that he gets 9K in Ad revenue per year or he knows that it's going to decline
QuantumNomad_•25m ago
I imagine that $9k ad revenue is a site that had an actual user base. And that the guy taking over the domain is going to just put all ads and no content, like he had on Friendster.com. And if so, the expected ad income is probably much lower.
prettyblocks•10m ago
I believe it's 9k/year in parking revenue.
dnnddidiej•57m ago
Nice. Quick hypoyhetical. Meta offers $1bn in 5 years time when you have 2m users. Will you sell?

If so this is a meta-or-dead social network.

Making it federated etc. would make me trust it more.

pixel_popping•48m ago
Anyone will sell any project for $1bn, absurd take.
MattRix•41m ago
That is literally their point.
trueno•32m ago
yea the moment 1bn was on the table id quickly think about how not-necessary social media is for humanity and id take the check and peace out like tom from myspace & proceed to drink liquor out of coconuts on a beach somewhere.

though id have the utmost respect for someone who could hold onto the possibility to threaten the facebook/instagram/snapchat moat, realistically i don't think anyone in here could stick to the ideals so strongly.

it's not even a valuable thought exercise. if this thing were to gain any traction at all it's assuredly gonna get acquired. you gotta be tech-buddha to resist that.

ca98am79•13m ago
or already have enough money
echoangle•10m ago
I think the point was that it should be unsellable. If it’s federated, how are you able to sell it? Then, it could be trusted.
sikozu•34m ago
I'd probably sell any project of mine for $1m, I'm very cheap.
wongarsu•8m ago
$1B is life changing money. More than you can reasonably spend, unless you start an airline or something like that. $1m is like two Ferraris. If you buy the second one used. Of course it's also life-changing amounts of money to many. It's enough to retire in a cheap country. But only if you are very careful about your money

There are a lot of projects I would sell for $1m, but it is little enough that I would carefully consider for anything I've invested serious time into

furyofantares•4m ago
Craigslist never sold afaik, theres loads of other example companies worth more than a billion now that never sold. Depends how you define "project" of course, but you gotta make sure you don't define it such that this would no longer be a "project" when it's worth 1bn. Also everything that sells for more than 1bn is something that presumably nobody would sell for 1bn.
readitalready•56m ago
I really wish more social networks would have a "fading connections" limit. So many social networks suffer from stale connections and networks, and these connections should expire after a year. Otherwise, it will permanently define a social network's content and editorial direction without algorithmic control. For example, Selena Gomez will always have 400million followers on Instagram, but she's socially irrelevant now. Same with other celebrities, like Kim Kardashian. If connections expired after a year (or 3 months or 6 months), people would have to maintain their social relevance, and it becomes a natural editorial filter, keeping the overall network fresh and relevant.

If you want a business model, require payment for long-term subscriptions or large celebrity/news accounts, but you have to overcome the network effect first. Maybe have a dozen or so permanent connections to start with, like MySpace's 8 priority friends.

alex1138•53m ago
Don't worry, Facebook already has Fading Connections

You can be married to each other and your posts won't show up on the other person's feed (there's a post on HN about this)

giancarlostoro•32m ago
What in the world lol
alex1138•27m ago
https://news.ycombinator.com/item?id=14147719

https://news.ycombinator.com/item?id=16278631

alwa•31m ago
I don’t post on Facebook—HN is my closest analogue. But I assure you my partner(s) have no interest in seeing whatever I post here. Any more than I want to be in the thick of the extended-family group chats. Or, frankly, Facebook.

In that sense, maybe this is Facebook doing its part for domestic harmony…

razingeden•15m ago
Xitter was kind of doing the same thing: I can’t see anything my mom posts, but I definitely have to see everything Elon’s mom does.
JumpCrisscross•8m ago
> Xitter

Is this an alternate front-end (Nitter) or shorthand for X/Twitter?

willsmith72•48m ago
Wait Kim and Selena are irrelevant? I guess I'm not keeping up with the times
650REDHAIR•29m ago
Yeah that was the most out of touch HN comment I’ve seen in a long, long time.

Persistent irrelevant celebrities are a real thing, but those two wouldn’t crack the top 500.

readitalready•20m ago
I mean Kim & Selena will always have a certain level of celebrity status but people like Sydney Sweeney are currently a lot more popular. This is in terms of "are they the most popular people right now" as their instagram count states. They are literally in the top 10 on instagram right now.
apsurd•3m ago
i think you're talking about trending vs popular.

The signals are working as intended. More people will know Kim K than Sweeney because Kim K is more popular and has had more time to be more popular.

why am i talking about kim k on hn lol

pixelpoet•19m ago
I honestly can't imagine a stronger indicator of somewhere I don't want to be than it having 400m Kim Kardashian fans
giancarlostoro•35m ago
I feel like that was what made Google Plus better and yet because it was Google shoving everything into Google Plus itself to force numbers… it failed. Circles in Google Plus is the most underrated thing I have ever seen. You can basically group friends under specific labels, so if you want to only share some posts / photos with family, only family will see it, wanna share posts with former and current coworkers? Have at it. Or share with multiple circles or everyone / global.

Its a damn shame Google nerfed it after forcing it on people who werent asking to be forced into it. Google Plus was a very tech heavy Social Media platform, if Google had half a brain they could have built their own serious LinkedIn alternative.

withinboredom•28m ago
I can only imagine someone looking over my shoulder on vacation to see what I'm posting: "oh, you have a 'close friends' group; why am I not in it?"

Arbitrary labels are great ... until they're not.

notahacker•24m ago
Arbitrary labels make it really easy to give groups of close friends silly in-joke names rather than "close friends"...
Petersipoi•22m ago
I completely agree. Circles were great. Unfortunately, they're one of the things that killed Google+. I remember reading an article from one of the creators of Google+ years and years ago. They talked about how asymmetric friending (Alice adding Bob to one of her circles didn't add Alice to any of Bob's circles) prevented the viral network effect that Facebook was able to achieve.

It's a damn shame. I feel like Google giving up on Google+ and Microsoft giving up on Windows phones were both mistakes.

giancarlostoro•19m ago
> and Microsoft giving up on Windows phones were both mistakes.

You hit me right in the gut, are we long lost siblings? Lol

viccis•17m ago
What killed Google+ is the same thing that prevented Bluesky from ever being good. They had a brief window where everyone wanted to use it, and they kept it locked behind a hard to get invite system for months and months.
onemoresoop•5m ago
Thats not the only thing that killed google+ though. I think their aggressive push was their demise, forced all their users to use google+, mangled with youtube and gmail accounts and all that pissed off a lot of users.
readitalready•15m ago
Messages group chats are the circles now.
pants2•14m ago
Also Discord - tons of people use Discord as a social network and keep up with friends. I must have 5 friend groups that have their own Discords with some overlap.
TulliusCicero•14m ago
It's a great idea in principle, but it requires some manual work, which most users aren't gonna bother with.
JumpCrisscross•9m ago
> it requires some manual work, which most users aren't gonna bother with

Dowsing a user's circles from their public information and Gmail inbox seems like a perfect task for AI.

echelon•4m ago
Exactly.

Self-defining all of the semantic grouping metadata was too much onus on the user.

Not everybody has the patience to curate and groom their social circle labels and memberships. That feels like a full time job.

I spent way too much time stressing over how to define my "circles". It was not a good experience.

ejoso•33m ago
I would hate it if the system removed nodes from my network without my influence. Perhaps a rules engine with user defined criteria would be useful.

Ultimately, users define their network in current-day social media and the relevance of any celebrity or other person within it.

400M people still find Selena Gomez relevant to themselves - she’s simply not relevant to you. I asked Gemini very simply “is Selena Gomez relevant” and it responded with essentially “more in 2026 than ever.”

austhrow743•15m ago
>keeping the overall network fresh and relevant

What does this mean? Like in practical feature terms and benefit to the end user?

Your system kills the social networks ability to act as someone's modern day rolodex of contact information of previous acquaintances. What do they get in exchange for that?

cortesoft•9m ago
I am confused... what is harmed by having stale connections? Why would connections be used as an editorial filter?
skybrian•50m ago
I'm imagining one of those tiny libraries with a garden gnome in it with a cheap phone inside, connected to a garden gnome Friendster account.

And then it gets stolen and has a trip around the world, meeting new people.

kgwxd•47m ago
Bought Friendster, posted about it on Medium. Can't wait for the Justin.tv live stream!
trueno•36m ago
lmao i cannot stand medium. the amount of articles i've clicked into on medium that start with

"in todays fast paced business environment.."

the incentive structure on medium is so busted. just people churning out half-working insights to look good for job interviews or promotions, it's like the worlds laziest portfolio. it straight up isn't any sort of bastion of knowledge-share.

makes things like https://beej.us/guide/ an absolute treasure

breezywheezy•39m ago
He gave the guy $20k dollars in bitcoin (I can’t say how much bitcoin that is because it fluctuates too much to be a stable currency), to buy a dead domain that makes $9k a year in at revenue.

What an absolute garbage economy.

sikozu•36m ago
This is crazy, but unfortunately I don't have an iPhone otherwise I'd totally sign up.
trueno•35m ago
i bought friendster for 30k, heres what it taught me about b2b sales
yieldcrv•35m ago
on the fading connection and monetization - you could let people pay to re-up the connection from fading as opposed to meeting in person again first, and its makes them really think about whether meeting in person is worth happening again or would ever happen again, is the connection itself valuable in another way any way

on instagram, there is a social disincentive to unfollow people and you can also make someone else unfollow you in a couple ways (the button that does just that, as well as blocking someone for a second and unblocking them), doing these actions has a real cost to confrontation. people you thought you would never see again will see you again and say "I thought we were following each other???? oooo :O ... ooooh >:O"

you are making that activity a first class citizen, with no presumption of ill will behind it, this has value to it

bluebarbet•34m ago
>I don’t really care about making money from [$project], but I’d like it to eventually pay for itself.

Warning bells. Slippery slopes. I think we should know by now that social networks do not mix well with the advertising business model. It would have been nice to see that eventuality ruled out explicitly here (PS: for the future as well as just for now).

ca98am79•24m ago
"no ads" - it is explicitly stated on the website and app store page
malfist•19m ago
Facebook also didn't have ads when it started
halamadrid•34m ago
This is quite amazing. I remember being on the original friendster way back in the day. They had so much potential. And there was also orkut.com that was even better because of the simpler UX. Then came Facebook and you all know the rest.
QuantumNomad_•33m ago
I tried to search for Friendster in the App Store and didn’t see it among the first few results. Instead, App Store was returning a sponsored ad followed by normal results for all other kinds of similar annd less similar apps. Instagram, Snapchat, Yubo (never heard of), Monopoly Go (mobile game related to the board game Monopoly), BeFriend (never heard of), Tinder, Friendly Social Browser (never heard of), Facebook, and at that point I stopped scrolling the results.

For a moment I thought maybe the app was US exclusive or something and not available in my region.

But following the link from the post worked fine and I could install it.

I literally searched Friendster and the app is named Friendster but App Store gave me all kinds of other crap in the search result instead. Weird.

Anyway, installed the app finally thanks to the link.

https://apps.apple.com/us/app/friendster/id6760240416

mikestew•30m ago
Odd, Friendster was the first non-sponsored result for me in the U.S. store.
ianpenney•31m ago
“My wife and I met on okcupid”

… 11 years going for me. Good on you. I don’t have any other social media accounts. I’ll do my best to join up on this one. Wholesome.

vidarh•31m ago
> Friendster was the first social network

Friendster was not the first social network.

sixdegrees.com had it beat by 5 years.

xvxvx•17m ago
Well, this sounds sketchy as hell. Pass.
TZubiri•6m ago
Probably being pedantic, but this is not buying Friendster to be precise, usually what is meant by that is that the company was bought.

In this case the domain Friendster.com was bought, and a trademark was conceded (a new different trademark), I don't know precisely the implications of the trademark though, I think it's a different trademark and you still cannot imply that you are a continuation of the previous trademark holder, it's just that you are given monopoly over that word as a trademark.

Now, is that different than buying "Friendster"? A really interesting legal question, I think it is, and I think it has relevant implications, I don't think you can for example restore the website as it was and pretend a continuation as you would if you bought the company.

globalnode•5m ago
judging from what i hear people say. all you have to do is be able to display who's online from your friends list, and a chronologically ordered list of their posts. thats it. the major platforms are optimising for ads so much they cant even achieve this level of basic functionality
chr15m•2m ago
Here's what I would do.

1. Make it QR code scanning instead of tapping so it can be a PWA.

2. Make it a PWA. This will make it accessible to many more people. Nobody wants to install an app. Nobody wants to install a PWA either but they will at least use a "web site" (a surprising number will install it if it's good).

3. Save yourself a lot of money by building it on top of the Nostr protocol. Run a relay yourself if you want guaranteed reliability. Run a Blossom server for media. Use email for auth and store people's keys for them if you want a traditional UX. Don't worry about what's on Nostr already, just build your own thing on the protocol.

Let people come and go as they please and don't lock them in. They will love you for it later.

I bought Friendster for $30k – Here's what I'm doing with it

https://ca98am79.medium.com/i-bought-friendster-for-30k-heres-what-i-m-doing-with-it-d5e8ddb3991d
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