They didn't fold, but they suffered a massive drop in usership. They rolled out a performance overhaul in June 2004 after the majority of users had already give

They didn't fold, but they suffered a massive drop in usership. They rolled out a performance overhaul in June 2004 after the majority of users had already given up on the site. http://troutgirl.wordpress.com/2004/06/29/friendster-goes-php/ http://troutgirl.wordpress.com/2004/06/29/friendster-goes-ph... Incidently, the blogger above was fired for posting about the release, so it would seem they had some other serious corporate issues beyond performance.