4 ms·

I agree that they basically would have to go public. Who would want to buy them for a couple of billion dollars when MySpace is looking like a bad investment at

I agree that they basically would have to go public. Who would want to buy them for a couple of billion dollars when MySpace is looking like a bad investment at 500 million? I thought their valuation last round sounded awful high, but I don't know very much about their business. Raising yet another round of funds seems like a sign of trouble.

ig1 18y ago
What makes you think that MySpace was a bad deal at 500mil. They have $800mil in revenue, all the recent valuations have placed it's value in the 5-10 billion range. Even with the dip in the ad market it's still a very valuable property.