MySpace isn't dying because they gave up on competing; they're dying because they didn't compete fast enough. MySpace was like the Titanic. Big, and thought to

MySpace isn't dying because they gave up on competing; they're dying because they didn't compete fast enough. MySpace was like the Titanic. Big, and thought to be unsinkable. They saw a Zuckerberg in the distance, but refused to change direction. They hit it head on, and began leaking users too fast to recover - they were sinking. How did they react? They built the Titanic 2. But the brand's destroyed, and everyone is left with a bad taste in their mouth. No one's running to hop on the Titanic 2.