Word: facebooked
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Dates: during 2000-2009
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Story: James Hong and Jim Young founded HotOrNot in their living room and that is where it has stayed. The site is making money – not millions, but enough to survive, Facebook founder and friend Jonathan Abrams says. Hong and Young have turned down buy-out and investment offers – putting living room fun over corporate malaise...
...Facebook connection: In his relationships with advertisers, Saverin studied a number of college startups. He says Collegeboxes has a business strategy with which TheFacebook can identify...
...decided to investigate the question most central to the integrity of the student press: whether or not the Crimson is visually representative of the student body. They randomly selected students pictured in the daily and FM, then pulled the most flattering shots of them, the college facebook photos. The freshman week style gaffes of the group’s subjects were on full display in a survey that asked other students to rate the hotness of the subjects...
...real question of TheFacebook’s validity is, do these ‘friendships’ have meaning?” says Ward. It doesn’t take an economist to figure that Facebook fiend Dongbo Yu ‘07 might not consider all of his 578 Facebook “friends” his best buddies. Although Möbius’ study improves on loose social connections by weeding out the random kid from Freshman Week, using TheFacebook to research actual friendships is inherently flawed...
Regardless, obscure Facebook friends can become a useful asset, and that kind of networking is of great interest to researchers like Möbius and Ward...