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2 responses to “The Social Revolution Has Just Begun”

  1. Kevin

    MySpace is still in the top 10 Social networking sites, beating out Google+, according to Nielsen:

    http://blog.nielsen.com/nielsenwire/online_mobile/nielsens-tops-of-2011-digital/

    (Scroll down to the chart were MySpace is mentioned.)

    According to Google’s own stats, MySpace is still in the top 100 sites worldwide, ahead of Tumblr & HuffPo. Surprisingly, Reddit is nowhere in sight:

    http://www.google.com/adplanner/static/top1000/

    Just looking at that list and counting Social networking sites, MySpace comes in at number 5

  2. John Taschek

    Kevin – thanks for the comment.

    Just like Palm had the entire market for “palm” devices “locked up” so did MySpace. Just two or three years ago, MySpace was the most visited web site in the world. It was more popular than Google! Facebook surpassed it in 2009 – pretty much at the time it went mobile, but of course there are other factors at play.

    MySpace was sold to News Corp for $580 million – which compared to the valuations of many of the most popular social companies today — is fairly small.

    Then it was sold to Justin Timberlake for $35 million. At one time it had nearly 2,000 employees. Now it is at a fraction of that.

    So even though it is popular, it is not in the mindset of most people. One has to wonder what would have happened if the execution strategy was different, if the timing was better, or if it was actually more social and more mobile.

    Again, appreciate your comment.

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