It's not too late for Myspace - it's just too late for Myspace to be Facebook or Google. They still have strong brand equity that they can use to generate an e

It's not too late for Myspace - it's just too late for Myspace to be Facebook or Google. They still have strong brand equity that they can use to generate an extremely profitable website, but what they require is a fortitude and humility to make a hard pivot, fire tons of people, and shrink dramatically. They can't operate at scale any longer, but they do have the opportunity to leverage what still amounts to one of the top 10 brand names on the internet and use it to create something that makes a select few rich - and more importantly, actually creates value for others.