• wwaxwork@lemmy.world
    link
    fedilink
    arrow-up
    14
    ·
    1 year ago

    Nah. The MySpace guy sold his company for half a billion, retired and lived happily ever after while the people that bought it off of him had to watch their investment slowly die.

    • Billiam@lemmy.world
      link
      fedilink
      arrow-up
      9
      ·
      1 year ago

      Yes. And News Corp, who spent $800 million on MySpace, fucked it up and sold it ten years later for about a tenth of what they paid for it. Which is the incident I was referring to.

      • wwaxwork@lemmy.world
        link
        fedilink
        arrow-up
        7
        ·
        1 year ago

        But the guy who created it got out fine, which was what I was referring to. Much like the Twitter creators. They understood the limited lifetime these things have and sold them to fools who thought they knew better.

      • wwaxwork@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        1 year ago

        But the guy who created it got out fine, which was what I was referring to. Much like the Twitter creators. They understood the limited lifetime these things have and sold them to fools who thought they knew better.

      • wwaxwork@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        But the guy who created it got out fine, which was what I was referring to. Much like the Twitter creators. They understood the limited lifetime these things have and sold them to fools who thought they knew better.