Hot to Not


Here are three sites which were once hot but now went down because of the social Networking king Facebook. Lets see what are those sites…

Myspace

 

Myspace, stylized My_____ and previously MySpace, is a social networking website. Its headquarters are in Beverly Hills, California.Myspace became the most popular social networking site in the United States in June 2006, a position that it held throughout 2007 until 2008. However by April 2008, according to comScore, Myspace was overtaken internationally by its main competitor, Facebook, based on monthly unique visitors.Since then MySpace has declined steadily in spite of several drastic redesigns.Quantcast estimates MySpace’s monthly U.S. unique visitors at 19.7 million as of May 2011. The site ranking of Myspace as of July 2011 was 85,as opposed to the number 2 position held by Facebook..

At its peak Myspace employed 1,600 employees, which was reduced to 1,000 after laying off 30% of its workforce in June 2009.By June 2011, further job cuts reduced its size to 400 employees, with Myspace to lay off at least 150 employees and put another 150 employees on a transition plan in which they can still work for pay temporarily while looking for another job.

As a subsidiary from July 2005 to June 2011, Myspace does not disclose revenues or profits separately from its parent News Corporation. On June 29, 2011, Myspace was sold to Specific Media for US$35 million plus a 5 percent stake in Specific Media.Pop star Justin Timberlake also took a small stake in the deal.

Friendster

 

Friendster was a social networking website based in Mountain View, California. The service allowed users to contact other members, maintain those contacts, and share online content and media with those contacts.The website was also used for dating and discovering new events, bands, and hobbies. Users could share videos, photos, messages and comments with other members via their profile and their network.It was considered one of the original and even the “grandaddy” of social networks.The service became popular in Southeast Asia and is a major site in that region of the world.

In May of 2011, the company repositioned itself into a social gaming site and discontinued user social network accounts.But Friendster accounts will not be deleted and users can still log in using their existing e-mail login and password. They also stated that contact list (or friendlist) will be preserved along with user’s basic information. Friendster said that in the new and improved website, the focus will be on pure “entertainment and fun”, and aims not to compete, but rather to complement Facebook.

Friendster had over 8.2 million registered users and over 1 million unique visitors a month globally; however since it deleted all content and became a gaming site, that number has dropped to 1.2 million registered users.

Over 90% of Friendster’s traffic came from Asia. In Asia, as of 2008, Friendster had more monthly unique visitors than any other social network.The top 10 countries accessing Friendster, according to Alexa, as of May 7, 2009 are the Philippines, Indonesia, Malaysia, Singapore, Pakistan, United Arab Emirates, Sudan, South Korea, Bangladesh and India.

Classmates

 

Classmates.com is a social network service created in 1995 by Randy Conrads who founded Classmates Online, Inc.The social media website was originally designed to assist members in finding friends and acquaintances from kindergarten, primary school, high school, college, work and the United States military. In 2010, CEO Mark Goldston described the transition of the website “to increasingly focus on nostalgic content” such as “high school yearbooks, movie trailers, music tracks, and photographic images.” To this end, and to appeal more to older users, the website name was changed to Memory Lane, which included a website redesign.

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