Mr WaveTheory

Former MySpace Board Member Claims the Site Was Intentionally Sold for Less Than it Was Worth, Files Suit

If Rosenblatt did strike a secret deal with Fox, then I think this would effectively annull any secret payment that has yet to be paid. Who knows. Maybe the Fox people leaked this secret deal to Brad so they can still Rosenblatt. On other hand, I must add that Brad may be underestimating the role that Fox played in promoting MySpace into the number social networking brand.
<strong>MySpace ...</strong>

MySpace Founder Alleges News Corp. Merger Defrauded Investors Out Of Billions

Most venture capitalists, including those at Redpoint and Vantagepoint Venture Partners, would probably agree with that they sold MySpace too early. However, you can't blame them. After 4 years of lackluster returns (no exits in fact) from their portfolios, Redpoint and VantagePoint were probably ecstatic to show any exit to their limited partners. VCs have bosses too! They are public pension funds and corporate investment funds that rely on these investments to pay for your retirement. <strong>MySpace ...</strong>

Encouraging Stupidity: Analysts Up in Arms Over 'Outrageous' MySpace Valuation

Forever Geek has a great post on how MySpace is really hyping its 100 million user number to the press. It's a great study. The study checked out 303 profiles and found that 50% of users don't even show up in a month. That's a very high attrition rate! I wonder what happened to those 50 million users?

Here's what I think are possible explanations:

* MySpace users have 2 accounts. Like free email accounts (think Hotmail and Yahoo), many people own more than one account - one for personal email and one for spam. So, if indeed, the average MySpace user has 2 accounts, then it makes sense that 50% of them won't show up after a month.

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