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-   -   18 month online startup, sold for 580 million !!! wtf (https://gfy.com/showthread.php?t=635906)

vod 07-21-2006 07:49 PM

18 month online startup, sold for 580 million !!! wtf
 
18 month online startup, sold for 580 million !!! wtf

Back in 2003, half of the VC's in silicon valley were chasing the idea that the web could connnect people to one another, rather than to information. It took a couple of Los Angeles hipsters to give abstraction - dubbed online social networking - a seriously viral form. Anderson and Dewolfe grandually cobbled together the iltimate web-services mashup. It was a free-for-all of blogging, instant messaging, phonecam uploads,mp3, video clips, and anything new that came along, all stewing in a both of hot bands, hit movies and teenage lovelies. MySpace.com was bought by News Corp. Rupert Murdoch.


Think & Prosper from your next brilliant idea!

:thumbsup

KRL 07-21-2006 07:51 PM

The Net is Golden. :thumbsup

aico 07-21-2006 07:51 PM

I keep looking at the date of this post and am still not 100% convinced it's not an error.

MaddCaz 07-21-2006 07:52 PM

so what's the next MySpace?

J$tyle$ 07-21-2006 07:54 PM

Where's the timeline pic?

vod 07-21-2006 08:24 PM

Quote:

Originally Posted by MaddCaz
so what's the next MySpace?

come up with something that is interactive and can be viral. you have yourself a great product, then get some traffic and your be the next myspace,yahoo,google,aol...whatever you want.

Quote:

Originally Posted by J$tyle$
Where's the timeline pic?

a great story that will go down in history and you want more...lol most anything for you Mr. J $tyle$... <-- nice content store brotha' :pimp

http://battellemedia.com/images/myspace%20google.jpg

J$tyle$ 07-21-2006 08:32 PM

Quote:

Originally Posted by vod
a great story that will go down in history and you want more...lol most anything for you Mr. J $tyle$... <-- nice content store brotha' :pimp

http://battellemedia.com/images/myspace%20google.jpg

:pimp :pimp

pocketkangaroo 07-21-2006 08:54 PM

The sad thing is that if they had held on to it for a while longer and invested some VC money into it, they could be sitting on a site worth about 10 times what Murdoch paid.

Degenerate 07-21-2006 08:55 PM

what is this myspace thing you speak of? :)

Degenerate 07-21-2006 08:56 PM

what is this myspace thing you speak of? :)

Degenerate 07-21-2006 08:56 PM

what is this myspace thing you speak of? :)

Degenerate 07-21-2006 08:56 PM

what is this myspace thing you speak of? :)

Degenerate 07-21-2006 08:56 PM

what is this myspace thing you speak of? :)

XonDemand 07-21-2006 09:40 PM

Quote:

Originally Posted by pocketkangaroo
The sad thing is that if they had held on to it for a while longer and invested some VC money into it, they could be sitting on a site worth about 10 times what Murdoch paid.


what they should have done is value the company higher, they already have the site positioned in the top 5 highest trafficed sites, without spending a dime to advertise...

I would have asked for 1 billion, they did get alot 580 million, but they could have almost doubled it.

OG LennyT 07-21-2006 09:43 PM

Quote:

Originally Posted by Degenerate
what is this myspace thing you speak of? :)

holy fuckin five posts Batman

Doctor Dre 07-21-2006 09:45 PM

Holy shit dude you are so fucking late on the news.

scottybuzz 07-21-2006 09:49 PM

Quote:

Originally Posted by Degenerate
what is this myspace thing you speak of? :)

your a moron who seeks attention

XonDemand 07-21-2006 10:38 PM

Quote:

Originally Posted by Doctor Dre
Holy shit dude you are so fucking late on the news.

i've been in vegas for the last month it seems... i have xbiz withdrawls...

madawgz 07-22-2006 01:06 AM

Quote:

Originally Posted by KRL
The Net is Golden. :thumbsup

it sure is :)

woj 07-22-2006 01:11 AM

Quote:

Originally Posted by XonDemand
what they should have done is value the company higher, they already have the site positioned in the top 5 highest trafficed sites, without spending a dime to advertise...

I would have asked for 1 billion, they did get alot 580 million, but they could have almost doubled it.

it's not like there is much difference between 500 million and 1 billion... yea, it's twice as much, but in terms of pleasure derived from earning it, there is almost no difference I would think...

Fucksakes 07-22-2006 01:11 AM

wow 580million.. wonder if i could even spend that much before I die

SomeCreep 07-22-2006 01:15 AM

I want a tshirt with this picture on the front.

http://media.urbandictionary.com/ima...etom-30378.jpg

Kimo 07-22-2006 01:45 AM

tom was a gangster

Manowar 07-22-2006 04:15 AM

myspace was a smart idea

polish_aristocrat 07-22-2006 04:21 AM

Quote:

Originally Posted by woj
it's not like there is much difference between 500 million and 1 billion... yea, it's twice as much, but in terms of pleasure derived from earning it, there is almost no difference I would think...

yes, for most people for sure

The Ghost 07-22-2006 04:24 AM

Just in... another Tom sighting. Here is the artist rendention .....

http://ectio.us/files/tom-myspace.gif

en21 07-22-2006 06:33 AM

good one

XMaster 07-22-2006 07:08 AM

Another media (teenager targeted) in Rupert Murdoch's hand...Scary shit!

$5 submissions 07-22-2006 07:12 AM

Great concept -- user generated content + user generated traffic + ads + user-centric tools = $$$

CamsLord 07-22-2006 07:12 AM

tom is the fucking man

minusonebit 07-22-2006 12:55 PM

Proof that truely good ideas go unnoticed and the shitty onces fetch millions.

Sorry guys, but Geocities is worth more than MySpace IMHO.

Stumps 07-22-2006 01:23 PM

Quote:

Originally Posted by Fucksakes
wow 580million.. wonder if i could even spend that much before I die

trust me once you start living the high life, money can just go down the drain

robfantasy 07-22-2006 01:37 PM

Quote:

Originally Posted by SomeCreep
I want a tshirt with this picture on the front.

http://media.urbandictionary.com/ima...etom-30378.jpg


why does tom look like he is beating off

XonDemand 07-22-2006 01:44 PM

it's alot of money, and yes you can spend it on 1 boat, 1 home, 1/3 tax...etc... before you know it you owe... that's life..

the more we make the more we spend...

that's life...

dynastoned 07-22-2006 01:46 PM

Quote:

Originally Posted by Doctor Dre
Holy shit dude you are so fucking late on the news.

:1orglaugh :1orglaugh

MarkMan 07-22-2006 01:46 PM

hmm... life is easy.. yet strange.. its about being yourself , open minded..

creative .. and LUCKY.

vod 07-22-2006 06:16 PM

Think & Prosper from our next brilliant idea! see sig...

XonDemand 07-22-2006 09:55 PM

580 million is a solid number, I mean everyone has a number, that's close to mine ;

Basic_man 07-22-2006 09:57 PM

Murdoch bought myspace? doh!

XonDemand 07-24-2006 06:11 AM

Quote:

Originally Posted by Basic_man
Murdoch bought myspace? doh!


Yes for 580 million. and hired the 2 that ceated myspace


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