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I really think he doesn't know what he's talking about. Let's look at his qualifications. He's a professor of "Media Studies" at the New School. I think he's
by Synthetase 16y ago
I really think he doesn't know what he's talking about. Let's look at his qualifications. He's a professor of "Media Studies" at the New School. I think he's going to be taking everything with a lot of lit crit palavering.
Myspace to Facebook is a shallow analogy. If we would like to make an analogy with that analogy it would be like comparing Yahoo and Google. Facebook has far exceeded the market penetration of MySpace. Facebook has one of the best engineering teams around while MySpace attempted to some sort of media company (failing miserably at that). Facebook has a fairly credible revenue stream while we are never sure if MySpace every developed that.
- deleted 16y ago[deleted]
- michaelchisari 16y agowe are never sure if MySpace every developed that. Myspace revenues are estimated at $385 million. Facebook's are estimated at $1.6 billion. That puts myspace revenues at 24% of Facebook's. Myspace has 66m users. Facebook has 500m users. That puts Myspace's userbase at 13% of Facebook's. In actuality, that means Myspace has found a way to generate more revenue on a per-user basis than Facebook. I'd say that's pretty credible.