Hyves Sold To Media Group, As European-based Social Networks Feel The Facebook Heat
![](data:image/svg+xml;charset=utf-8,<svg height="449" width="600" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
Hyves has a 68% penetration in the Netherlands, but lately we’ve been told that more and more people are talking about moving to Facebook.
Hyves was founded eight months after Facebook in 2004 by Raymond Spanjar, Koen Kam and Floris Rost van Tonningen. It has 10.6 million member accounts.
The move follows rumours of another European social network, Nasza Klasa in Poland, being put up for sale. Are Europe’s home-grown social startups finally cashing in their chips before the Facebook juggernaut rolls over their markets? Almost certainly. In the last few days we’ve also heard ‘European MySpace’ Netlog is aso having a tough time against Zuckerberg’s legions.
![](data:image/svg+xml;charset=utf-8,<svg height="140" width="187" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="105" width="187" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="137" width="187" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="125" width="187" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
