removepoke
Works at interwebs
Studies at hard knocks
Lives in in the cloud
unbearable
Speaks basic
Born on 9/11/68
From District of Columbia
MySpace Passed On Buying Facebook For $75 Million →
Four years ago, MySpace CEO Chris DeWolfe met with Facebook cofounder Mark Zuckerberg and the pair talked merger. Eventually Mark asked Chris if MySpace wanted to buy Facebook for $75 million.
Chris said no.
By Fall of 2005 — after a summer that saw News Corp pay $580 million for MySpace — Chris and Mark met again. This time Mark put the price tag at $750 million.
Chris said no, again.
In June 2007, Chris and MySpace cofounder Tom Anderson asked News Corp for two-year, $50 million contract.
In Fall 2007, Microsoft bought 1.6% of Facebook for $240 million — a $15 billion valuation that’s since deflated to somewhere around $4 billion.
Last week, Comscore confirmed that Facebook draws twice as much traffic as MySpace.
Oops.
About
This is not Facebook. It's a curatorial expose of the Facebook phenomenon. If your stuff is here, you're part of that phenomenon. That's whats happening here.Questions? Ask!
