11–20 of 33 posts
News Corp's acquisition for $500m will probably be remembered as a collossal blunder, but considering Facebook's current valuation, and that Myspace could have been Facebook if it were better executed, it wasn't a bad gamble really.
Didn't they have a $900 million search deal from Google, though? (Granted, my understanding is they didn't hit their numbers so they made slightly less than that, but still I think this makes it likely that News Corp's acquisition of MySpace was profitable and not a collossal blunder.)
Here's an older TechCrunch article talking about how buying MySpace was one of Murdoch's best decisions ever. (I agree that it looks less good now, but overall I don't think it was horribly bad from a financial perspective): http://techcrunch.com/2008/10/15/three-years-later-buying-my...
I will be shocked if Google buys out this cesspool. Unless they need a project to assign to engineers who've misbehaved.
Not that I can see it happening.
I will be shocked if Google buys out this cesspool. Unless they need a project to assign to engineers who've misbehaved.
I wonder if the domain and brand name would have any value to Google. As distasteful as we view it, more non-techies that I talk to know what Myspace is than know what Gmail or most non-search Google products (Chrome, Buzz, Reader, possibly even Android, etc.) are. I'd find a well engineered Google social network with a Myspace brand attached to it novel to say the least. Not that I can see it happening.
Is there any value for a company (probably not a startup, since they are still pretty expensive from that perspective) to buy MySpace as a "pick n pull" of sorts, to repackage as a new social product? I am not a software engineer, is this kind of thing feasible?
News Corp's acquisition for $500m will probably be remembered as a collossal blunder, but considering Facebook's current valuation, and that Myspace could have been Facebook if it were better executed, it wasn't a bad gamble really.
Myspace could have been Facebook I disagree, and I spent a year working with MySpace in the relative hay-days of 2007-2008. You could write a book on why Facebook has succeeded and MySpace hasn't... but the two headline thoughts for me are that: 1) MySpace was generational, Facebook is pan-generational. MySpace took everything that was current and popular in the early to mid 2000's and fashioned it into a web-based p…
News Corp's acquisition for $500m will probably be remembered as a collossal blunder, but considering Facebook's current valuation, and that Myspace could have been Facebook if it were better executed, it wasn't a bad gamble really.
Myspace could have been Facebook I disagree, and I spent a year working with MySpace in the relative hay-days of 2007-2008. You could write a book on why Facebook has succeeded and MySpace hasn't... but the two headline thoughts for me are that: 1) MySpace was generational, Facebook is pan-generational. MySpace took everything that was current and popular in the early to mid 2000's and fashioned it into a web-based p…
MySpace was/is a marketing tool for bands and eventually celebrity (very LA, very limited lifespan).
Facebook was about YOU and YOUR friends. Only once Facebook had fostered a deep connection between you and your friends did they expand into a platform for other types of services.
I don't think facebook was built as a 'data-play' from the ground up, but Zuckerberg worked with what he is comfortable with and was surrounded by, data. MySpace founders Chris and Tom likely worked with what they were comfortable with and surrounded by, celebrity.