Hey, remember Friendster? The social networking site that started it all in 2003 has been bought for lock stock and all 100 million registered users. The buyer — MOL Global Pte. Ltd. a leading online payment solutions provider from Malaysia had recently acquired 100% of Friendster. The net effect is the transformation of Friendster’s general look into … well, Facebook. You can’t really reinvent the wheel when it comes to social networking – your community will come and go, like it’s the next fashion statement. Facebook managed to reinvent themselves from the college networking site into the highly successful web product that it is today. To be fair, Friendster’s ultimate Read more »