How Facebook killed MySpace | Sidebean

How Facebook killed MySpace ► Start with the right foot! Let us design your pitch deck: https://slidebean.com/pitch-deck?utm_source=youtube.com&utm_medium=video&utm_campaign=video-content&utm_term=myspace ► Sign Up for Slidebean - 1 month FREE: https://slidebean.com/youtube 👾 Join our Discord server for weekly live interactions!: https://slidebean.com/live 🔴Why MySpace Failed? If you were a teenager in the early 2000s, you will remember that there was a site that transformed the concept of social network and became a Web 2.0 banner, in which people stopped, forever, from being passive subjects of information.It was MySpace, a platform founded in 2003 that freed users from creating a web page, to offer them in return, a profile to which they could print their personality, add friends, photos, music, and their favorite videos.Quickly, the social network founded by Tom Anderson and Chris DeWolfe showed its genuine musical vocation and it even became the platform that catapulted careers of bands like the Arctic Monkeys.The News Corp company, owned by media mogul Rupert Murdoch sniffed the success and decided to buy MySpace in 2005 for $580MM. Although six years later he would sell it for only $35MM.On its way to success, the site surpassed platforms like Google and Yahoo in traffic and attracted five million new members every month.However, the lack of evolution and vision of its new owners (because it changed hands several times) allowed other competitors to arrive and snatch its reign, turning it into a ghost town that, believe it or not, exists or subsists, until the date.This is Startup Forensics: MySpace#slidebean #startups #myspace #startupforensicsDid you like this video? Here are a few ideas about what to do next!► You know the drill: Hit those “subscribe” and ring bell buttons, and leave your comments! http://www.youtube.com/subscription_center?add_user=slidebean► Want Caya to wear your Startup T-Shirt in the next video? Send it to us!: http://bit.ly/2MJRxAM► Read the article: http://bit.ly/2Ftq55W ► Follow us on social media!---- Slidebean: Facebook: https://www.facebook.com/slidebean Twitter: https://twitter.com/slidebean Instagram: https://www.instagram.com/slidebean Linkedin: http://www.linkedin.com/company/slidebean---- Follow Caya: https://twitter.com/cayahere and https://instagram.com/caya_here --About Us: Slidebean lets you design professional presentations in seconds using the world's first slide design platform powered by Artificial Intelligence. By separating the content creation from the slide design, Slidebean allows users to focus on what matters most while taking care of everything else automatically.We can help with your investor pitch deck through our design services. We've helped thousands of startups raise capital by either writing and designing the deck; or by redesigning an existing presentation for them. For more information: https://slidebean.com/pitch-deck?utm_source=youtube.com&utm_medium=video&utm_campaign=video-content&utm_term=myspace Turn on notifications for the podcast & rate it a 5-star for new episodes. Sidebean makes documentaries about startups, tech, and their impact on society. It is a venture-backed company that helps other startups navigate the complicated road to success. They love to cover stories around business, startups, and tech, trying both to teach and entertain. Subscribe to Sidebean on YouTube: https://www.youtube.com/@slidebean/ Disclaimer: This podcast is an independently produced audio adaptation of content originally shared by Sidebean. ------------- Keywords: tech industry, startup podcast, ai ethics, tech analysis, startup failures, tech entrepreneurship, tech startups, business strategy Learn more about your ad choices. Visit megaphone.fm/adchoices