Unless you’re myspace. Myspace was great, until facebook just suddenly existed, and took over. Felt like it went from never hearing of facebook in 2006, to 2007 myspace is basically dead.
MySpace was sold to News Corp for $580 million dollars. Then they purged everyone’s accounts, all their blogs, posts, pictures, everything. Talk about not knowing what they bought. Serious WTF. Users could submit a form and get some but not all of their profile back. One year later MySpace was worth an estimated $35 million. It was the worst tech acquisition until Twitter. This all coincided with Facebook opening up to the public and becoming more popular. So it’s not exactly that MySpace just collapsed, Rupert Murdoch killed it.
It was the worst tech acquisition until Twitter.
To be fair to the fucking muskrat, he paid 44 billion dollars to have the loudest voice in the world. By chance, he also got a lot of power in US politics. Sure, he’s killing twitter in the process, but he can probably recoup the money through other means.