Facebook-inspired site to go head-to-head with Facebook

Posted by Nicolo Bantatua / TNC on Sep 7th, 2009 and filed under Bookmarked, Featured, Money and Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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Facebook-inspired site to go head-to-head with Facebook
 

One look at Vkontakte.ru can spawn such a huge sense of deja vu.

Facebook has seriously been at the forefront of social networking website advances, so to speak, so it’s not surprising that they would serve as the benchmark and model for all future (and past) social net sites. However, it’s seriously just plain creepy how Russian net site Vkontakte.ru has been patterned to Facebook. And the best part is, they’re planning to launch at an international level.

TechCrunch reports that Vkontakte has managed to acquire the domain vk.com, which it plans to use to brand Vkontakte in 12 other translated forms starting October of this year.

Vkontakte is reportedly supported by Digital Sky Technologies. DST managed to get a $10 billion valuation on Facebook for taking an approximate 1.96 percent stake for roughly $200 million recently, and has also gone and purchased about $100 million worth of common stock from Facebook employees.

Vkontakte is already maintaining a worthwhile competition with Facebook in Eastern Europe, specifically in Russia, Ukraine and Poland, with a user base of around 42 million uniques (as opposed to Facebook’s 250+ million worldwide).

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