6 ms·
MySpace up for sale
- bitskits 16y agoIs there any value for a company (probably not a startup, since they are still pretty expensive from that perspective) to buy MySpace as a "pick n pull" of sorts, to repackage as a new social product? I am not a software engineer, is this kind of thing feasible?
- deleted 16y ago[deleted]
- gscott 16y agoI would buy it just to change the terrible logo.
- jonpaul 16y agoLinkbait. It's not actually up for sale.
- yakto 16y agoNo matter who's steering the ship, it's going to be hard to stop this downward momentum: http://i.imgur.com/lD4go.png http://i.imgur.com/lD4go.png
- shasta 16y agoIt looks like downward momentum on that graph has already been mostly stopped by the x axis.
- powrtoch 16y agoToo bad profits don't have that failsafe.
- random42 16y agoWell, Revenue does!
- zepolen 16y agoTaken in context: http://i.imgur.com/BTGz8.png http://i.imgur.com/BTGz8.png Reddit recently posted their traffic stats, http://blog.reddit.com/2011/02/reddit-billions-served.html http://blog.reddit.com/2011/02/reddit-billions-served.html which shows they have ~14 million visitors. Point is, a lot of people still know and use myspace. I could see it coming back if they set their goals straight and concentrate on being the place for artists/bands in the music industry to promote their stuff.
- jasonoliver 16y agoThey are already losing traction and engagement with their only remaining target userbase, namely musicians and bands. If Newscorp is able to unload it, it will likely be for a Bebo-like amount (when Aol sold it, not when they bought it, lol).
- powrtoch 16y agoI will be shocked if Google buys out this cesspool. Unless they need a project to assign to engineers who've misbehaved.
- saturdaysaint 16y agoI wonder if the domain and brand name would have any value to Google. As distasteful as we view it, more non-techies that I talk to know what Myspace is than know what Gmail or most non-search Google products (Chrome, Buzz, Reader, possibly even Android, etc.) are. I'd find a well engineered Google social network with a Myspace brand attached to it novel to say the least. Not that I can see it happening.
- marquis 16y agoI have to agree with you. Every musician I know still has a myspace page, and many still use yahoo or hotmail. Maybe it wouldn't be a bad idea just to get the domain name and content..
- trafficlight 16y agoI actively avoid bands that use myspace as their primary website. Do they not care about their image? They should be actively looking for new and better places to show off their music.
- elithrar 16y agoThat's a lot of bands. MySpace is still popular with musicians because it's easily templatable, it allows them to easily showcase their work (songs), detail upcoming shows and their fan-bases are typically familiar with it already. Yes, MySpace is far from ideal, but is there a competing service that checks all of these boxes?
- trafficlight 16y agohttp://bandcamp.com http://bandcamp.com does an excellent job.
- jhamburger 16y agoNews Corp's acquisition for $500m will probably be remembered as a collossal blunder, but considering Facebook's current valuation, and that Myspace could have been Facebook if it were better executed, it wasn't a bad gamble really.
- danilocampos 16y agoThe problem is treating these things as gambles. When you look at Facebook, their success is a result of understanding their product and its potential pretty damn well, then working extremely hard to bridge the gap between the two. If you're going to plunk down $500m on a company, you should have a very clear idea of what you want to do with it and how you're going to grow it. MySpace was bought by a big ass dinosaur who thought "being successful on the internet" was as simple as writing a check – or buying a sack of magical beans.
- dotBen 16y agoMyspace could have been Facebook I disagree, and I spent a year working with MySpace in the relative hay-days of 2007-2008. You could write a book on why Facebook has succeeded and MySpace hasn't... but the two headline thoughts for me are that: 1) MySpace was generational, Facebook is pan-generational. MySpace took everything that was current and popular in the early to mid 2000's and fashioned it into a web-based product that became part of pop culture of that era - thus the massive connection with the bands, the celebrities, etc. That was clever, but it was a time-limited play. Facebook appeals to multiple generations because it doesn't have that pop-culture appeal. Facebook is a utility, MySpace is/was a product. 2) Facebook was built as a data-play from the ground up. All of its value leverages its data and power of the network. MySpace's data model is/was atrocious and was never built with that in mind. Instead it was built as an ever-changing digital based bilboard ad.
- shortlived 16y agoIs there any argument to be made regarding the quality of UX/engineering at facebook vs. myspace. I love using FB and cringe everytime I need to go onto myspace.
- yassersouri 16y agoI really feel sorry for founders of sites like MySpace and Delicious.
- armandososa 16y agoI think somebody should buy old Virb (before their last two pivots, when it was a well designed myspace) and rebrand it as MySpace.
- rmason 16y agoThese things usually start quietly. Truth is MySpace has probably been shopped around for quite a while. They didn't find any takers so only now do they publicly announce it in the hope that someone, anyone steps up. DST?? How about Saudi Prince Alwaleed bin Talal? He led the group that invested in Citibank and surely MySpace isn't that big a white elephant.