It is the father of all contemporary social networking sites such as Facebook, YouTube, Google+ and MySpace (Rivlin 22).
The idea was not original. It was actually an evolution of chatting services such as MIRC and ICQ. He just elevated it by allowing people to put their own contents. Abrams believed that the internet is a venue where the power will rest on the consumers, not the content providers.
Friendster, like Facebook, didn’t make money out of its direct users. He made money out of the advertisers who push ads to the users consistent with their market. Even his profit model is highly influenced by the end users. He programmed a system that will identify what ads a user will deem interesting. His program predicted what are the contents users will be interested based on the contents they put on their own page, their age, social class, gender, educational attainments, and what are the other contents they check out. If a person, for example, mentions Coca Cola on his posts, the system will identify it and push Coca Cola ads to the person.
That model is the same principle being used by contemporary internet giants such as Facebook and Google and it is proving to be a powerful theory. Google has been developing a system that will allow them to track as much data as they can to determine what kind of contents people are interested and what kind of ads they are most likely to check