The crazy reason MySpace lost everything

The crazy reason MySpace lost everything

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The crazy reason MySpace lost everything
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️ The INSANE Rise and Fall of MySpace – aka MySpace: The Movie (4K)

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Myspace was once the most visited website on the Internet, even surpassing Google. But in 2004, the founders of myspace met with a young man named Mark Zuckerberg, who offered to sell them his website, which was then called The Facebook. The price he wanted was $75 million, but Myspace turned him down – and why wouldn't they? At the time, Myspace was thriving and was by far the most popular social media platform. So, how did Myspace go from being worth billions of dollars and one of the most beloved sites on the Internet to being nothing but a nostalgic memory?
With its quirky interface and customizable profiles, MySpace represents the road untaken – the path social media could have taken before Facebook crushed the competition. But the reasons Myspace failed aren't what you might think. And the rise and fall of Myspace is certainly not your typical business story. This video tells the truth about what happened to MySpace: how an Internet empire was both built and destroyed.

The domain name Myspace.com was initially purchased for an Internet storage company, essentially an early version of cloud hosting like Dropbox or Google Drive. But like many early Internet companies, this file storage company never made it, especially after the dot-com bubble burst and investors stopped pumping money into Internet companies. But a man named Chris DeWolfe bought the MySpace domain because he thought it could be useful in the future. Of course he was right, but for a while he didn't do anything with it. Instead, he and a friend named Tom Anderson founded a direct email marketing company called ResponseBase, which created email newsletters for other companies. Little did they know that this business partnership would lead to them creating a billion dollar company with millions of users. Of course, the Myspace story wouldn't end well: Facebook today makes billions from Facebook ads, while Myspace is just a site that people think back to with nostalgia. So what happened to Myspace? Welcome to the incredible story of Myspace – including why Myspace died, how Facebook won and where is Tom from Myspace now?

00:00 The MySpace Story – Intro
00:58 The strange beginnings of MySpace (chapter 1)
04:45 The meteoric rise of MySpace (chapter 2)
07:43 Problems and Legal Issues for MySpace (Chapter 3)
12:34 Build YOUR business – thanks to Shopify for sponsorship
13:36 Rupert Murdoch's Money Machine (Chapter 4)
16:16 Facebook vs. MySpace (Chapter 5)
19:32 Subscribe to MagnatesMedia for more information
19:59 The Tragic Demise of MySpace (Chapter 6)

The INSANE rise and fall of Myspace
MySpace: the movie (4K)
The REAL reason why MySpace failed
The REAL Reason Why MySpace Failed (Not Zuckerberg)
What Really Happened to MySpace?
The tragic story of MySpace
Facebook didn't kill MySpace, it did…

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