Wednesday, June 29, 2011

The amazing FALL of MySpace! Who's next?



MySpace, do you remember it yet? MySpace has invented Social networking when it was launched.
So many artists, entertainers, businesses have used it and even made a starting career thanks to MySpace.
In 2005, MySpace had almost 100 millions subscribers, FaceBook was nothing then.
Sold for more than 500 MUSD only 6 years ago. This week it did not exceed the 50 (fifty) MUSD!!

What a fall! What happened? Business analysts can argue with several strategy mistakes,
but I personally think that in this business nothing is taken for granted. Nothing can last for ever...
If a company does not disrupt itself, it will be definitely disrupted by someone else.
That is the rule of fast Internet business. And it should be written in stone!

So my question, who do you think will be the next one to fall? FaceBook, Google, others?

see also my post on Facebook vs. Google

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