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Myspace sold for 35M

Discussion in 'BlackHat Lounge' started by dheer, Jun 30, 2011.

  1. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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  2. bornformoney

    bornformoney Senior Member

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  3. tooslim

    tooslim Regular Member

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    damn. thats sad that myspace went from 580 million to 35 million in just a few years
     
  4. bornformoney

    bornformoney Senior Member

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    mostly because of facebook's direct blow in myspace' face :D

    now whatever comes fb must be prepared already ;)
     
  5. azetect

    azetect Newbie

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    orkut even better than myspace but both are crap , my space worth nothing since had so much technical problem
     
  6. bornformoney

    bornformoney Senior Member

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    you're right...also the reason I think myspace failed was because it has that "heavy" feel and it just gave users too many options...like customizing and etc...which made the site a whole lot laggy
     
  7. spiider

    spiider Jr. VIP Jr. VIP Premium Member

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    LOL Brought for $580mllion and sold for $35million in just 6 years.
     
  8. seo jack

    seo jack Junior Member

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    Haha! Priceless. Shocking site. Never been impressed.
     
    Last edited: Jun 30, 2011
  9. masterfl

    masterfl Junior Member

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  10. lafours

    lafours Power Member

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  11. SquirlyNutz

    SquirlyNutz Power Member

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    Google is coming out with a new social networking site,i think its called Google plus?
     
  12. NapsteR

    NapsteR Jr. VIP Jr. VIP

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    its like facebook totally slapping in myspace face... Just like orkut in India...

    Rest in peace..
     
  13. dizz

    dizz Elite Member

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    Google plus the new MySpace soon will be exploiting Google plus just like we used to MySpace and to Facebook now. And then when Google gets busted into 1 million companies after the antitrust suit that the government has put against them the more have all those other things to exploit. So get ready it's can be a fun ride we got a bunch of new stuff to learn I'm writing are you it's adapt or die.

    Dizz
     
  14. NapsteR

    NapsteR Jr. VIP Jr. VIP

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    Justin Timberlake... ? hmmm :scratchch .. I think this guy wanna be like a real napster lol....
     
  15. mikie46

    mikie46 Jr. VIP Jr. VIP

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    I hope EGAY and PAYGAY suffer the same fate.
     
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  16. rannybo

    rannybo Junior Member

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    I think it also have to do with MySpace having too much overhead.
     
  17. puneet

    puneet Registered Member

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    Here is the first look - take the interactive tour of Google+:-
    hxxp://w ww.google.c om/intl/en/+/demo/

    Yes, the FB rival Google+ is coming and it is looking promising. Lets wait n watch.

    Remove the extra spaces from url - I am not allowed to post URLs at the moment.

    Puneet
     
  18. tonlilaz

    tonlilaz Executive VIP Premium Member

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    this is a good think for myspace...newscorp did nothing for myspace.
     
  19. blackhat777

    blackhat777 Elite Member

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    Myspace was already dead, and don't think it has any more potential left... wondering what was going on in buyers mind before they decided to purchase it. :p
     
  20. britcpa

    britcpa Power Member

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    Facebook President and Napster co-founder Sean Parker explained why Myspace succumbed to Facebook in an interview with Jimmy Fallon at the NExTWORK Conference in New York.

    "where did MySpace go wrong?"


    ?The failure to execute product development,? Parker replies. ?They weren?t successful in treating and evolving the product enough, it was basically this junk heap of bad design that persisted for many many years. There was a period of time where if they had just copied Facebook rapidly, they would have been Facebook. They were giant, the network effects, the scale effects were enormous.?

    Parker goes on to credit the ingenious move of targeting college kids for Facebook?s eventually market dominance, ?Facebook entered the market through college and the reason we went in through college was that college kids were generally not Myspace users. College kids were generally not Friendster users ??

    Taking an almost Machiavellian tone, Parker also alludes to the latter social network?s displacement being deliberate, ?It was this completely open market and it was a real longshot. Nobody actually believed, outside of us three or four people in Palo Alto, that you could enter the market through this niche market and then gradually through this carefully calculated war against all the social networks become the one social network to rule them all.?

    ?Carefully calculated war against all social networks? is a very interesting word choice by Parker especially when coupled with the extremely self-aware statement that ?if they had just copied Facebook rapidly, they would have been Facebook,? a line which seems like it came straight out of The Social Network.

    Well now is as good as a time as any to mark the end of that war; Myspace is selling for comparative peanuts while Facebook is valued at $70 billion. To the victor go the spoils, at least for the moment.

    the video is available to watch here and is well worth watching:

    HTML:
    http://techcrunch.com/2011/06/28/sean-parker-on-why-myspace-lost-to-facebook/