Comments on: News Corp: MySpace Worth $6 Billion

By: 61 Interviews with Founders of Web 2.0 Websites « Graphic Design Blog

61 Interviews with Founders of Web 2.0 Websites « Graphic Design Blog — Tue, 01 Jan 2008 12:47:22 +0000

[...] Posted January 1, 2008 With the loss making Youtube being sold to Google for $1.7 billion and Myspace now valued at $6 billion, there is no doubt that web 2.0 is hot right now! Want to know some of the secrets which make a [...]

By: Schnelllebigkeit des Internets « Sebastian’s Blog

Schnelllebigkeit des Internets « Sebastian’s Blog — Wed, 27 Jun 2007 09:58:13 +0000

[...] der Schnelllebigkeit. Deshalb bin ich auch skeptisch, wenn es darum geht, ob MySpace wirklich 6 Milliarden Dollar wert ist, wenn man bedenkt, dass die Seite Umsätze im gerade mal zweistelligen Millionenbereich macht. [...]

By: Dfinitive Blog » Blog Archive » 61 Interviews with Founders of Web 2.0 Websites

Mon, 26 Mar 2007 20:07:23 +0000

[...] the loss making Youtube being sold to Google for $1.7 billion and Myspace now valued at $6 billion, there is no doubt that web 2.0 is hot right now! Want to know some of the secrets which make a [...]

By: Jonathan mac

Jonathan mac — Wed, 03 Jan 2007 22:17:20 +0000

Awesome info, thanks

By: The Daily Spiel

The Daily Spiel — Tue, 12 Dec 2006 08:11:09 +0000

[...] News Corp. estimates that MySpace is now worth around $6 billion, a 10x return on their purchase price. [...]

By: Techcrunch » Blog Archive » News Corp: MySpace Worth $6 Billion « Profile Rankings

Wed, 29 Nov 2006 22:07:22 +0000

[...] Techcrunch » Blog Archive » News Corp: MySpace Worth $6 Billion Filed under: Myspace | [...]

By: Fiazz » Blog Archive » Will friendster up up and fly?

Fiazz » Blog Archive » Will friendster up up and fly? — Sat, 18 Nov 2006 10:11:22 +0000

[...] Now, friendster is trailing MySpace and Facebook. Rupert Murdoch said that MySpace could now be sold for $6 billion — about a 10x return on the original $580 million that News Corp. paid for. What about friendster? I bet it’s less than $300 million. Currently, there are plenty of social networking sites. You can search google or wikipedia, and it’s gonna return a long list of websites. Ironically, Friendster is just one of it. [...]

By: Akkam’s Razor

Akkam’s Razor — Fri, 17 Nov 2006 13:31:54 +0000

[...] Techcrunch » Blog Archive » News Corp: MySpace Worth $6 Billion MySpace worth 10x more than last year when FOX Interactive bought it? Nah. (tags: myspace facebook techcrunch deals) [...]

By: RickMahn.com » Blog Archive » links for 2006-11-16

RickMahn.com » Blog Archive » links for 2006-11-16 — Fri, 17 Nov 2006 02:38:27 +0000

[...] News Corp: MySpace Worth $6 Billion Knowing that the MySpace fad is starting to wane, who in their right mind would toss $6B at it? News Corp is off their nut. Sure it’s grown in fiscal value since the purchase, but not 10x the amount as they claim. Just makes me laugh. (tags: Social-Networking Blog-Topic Web-2.0) [...]

By: foobar

foobar — Thu, 16 Nov 2006 21:34:57 +0000

If you can’t take the MySpace crowd and churn it into big bucks, then you’re a f*ckin moron. Who cares how bad the site is? Nobody. So STFU.

With that kind of user base, $6B could actually be a bargain. Just because y’all don’t know how that might happen, don’t mean it can’t.

OTOH, if you’re smart enough to make it worth >$6B, you probably don’t need to pay that much to begin with.

Naysayers be damned!

By: YAMB.BETA² » StudiVZ: Dezentrale Alternativen unter studentischer Selbstverwaltung?

Thu, 16 Nov 2006 20:17:20 +0000

[...] Mal kurz zwischendurch und ohne, dass eine PR-Abteilung drübergeschaut hat: Wenn man einmal von Frage absieht, welche soziale Qualifikation jemand benötigt, um ein Projekt/eine Firma wie das StudiVZ zu leiten, bleibt immer noch der Aspekt, dass es sich auch bei den derzeit relevanten Alternativen wie unister, studylounge oder eben facebook um Firmen handelt, die letztendlich Geld verdienen wollen. [...]

By: John C

John C — Thu, 16 Nov 2006 19:31:06 +0000

What makes MySpace so pathetic are all the websites that attempt to imitate it by putting the word “My” if front of their website. I’m from Kansas City so lately two television stations have changed their names to “My”ksmotv.com and “My”foxfour.com.

Cingular’s “My” circle of friends on their phones.
24hourfitness.com’s “My”store.

“My”this, “My”that, “My”ass, “My”urine, “My”"My”"My”"My”"My”"My”"My”"My”"My”"My”"My”"My”"My”"My”"My”"My”…………what’s the point?

By: Michael Bailey

Michael Bailey — Thu, 16 Nov 2006 18:34:26 +0000

Well, I guess $6 billion is the price that someone would pay for the largest traffic site out there - especially when MySpace is so tightly integrated with people who are collecting email addresses for use with 3rd parties and generating an enormous amount of spam.

http://www.bitblogs.com/?p=27

It’s all right there in black and white.

Michael

By: James

James — Thu, 16 Nov 2006 16:35:22 +0000

Call me crazy, but I don’t think myspace is that badly designed. Sure, it allows for horrible design, but so does HTML, surprise surprise. You’re going to see good and bad. I keep my profile semi toned-down - it’s when you do the loud backgrounds and the invisible boxes and the awful color combinations that myspace goes from eh to ICK!

By: wayne lambright

wayne lambright — Thu, 16 Nov 2006 16:30:26 +0000

Friendster was slow, which gave the opportunity for myspace, myspace has some issues, which now gives back the opportunity to Friendster. Eventually a Friendster acquisition will occur, and over time Friendster will gain back it’s a huge market share.

Conclusion, Friendster is a bargain at 100m, somebody will see this and buy it. What’s next? A Check out: http://SuperViva.com it’s like Friendster for goals and dreams.

By: Vishal Lamba

Vishal Lamba — Thu, 16 Nov 2006 16:02:21 +0000

its worth probably about 1 billion. i wonder what kind of revenues they are drawing in. also - the obvious threat from valuepay2.com which will pay users to join their community of social media sites. like netscape does.. but for social networking.

By: dave mcclure

dave mcclure — Thu, 16 Nov 2006 15:58:29 +0000

>> re: IAC buying Friendster… that sounds on target.

IAC is the new CA: the purchaser or all #2-or-lower off-brand internet products & services.

if Yahoo really wants to downscale their acquisition budget, they could always buy SixApart. however, FaceBook seems like the asset they really need. the numbers game is likely the holdup.

and so we wait… sigh.

By: Patricia

Patricia — Thu, 16 Nov 2006 14:55:45 +0000

*yawn*

I agree with everybody on this. MySpace has been a little overhyped, I don’t think it’s worth that much either. I’m sure it’s worth something, but not that.

By: Joey

Joey — Thu, 16 Nov 2006 14:32:16 +0000

Note to News Corp: “SELL NOW”

No way in hell that anyone would pay that much for that pos right now.

By: Sean

Sean — Thu, 16 Nov 2006 13:11:46 +0000

Regarding Zuckerberg and Facebook, I think he’s such a wildcard it’s very hard to say where they’ll end up. I don’t think economics are the motivation with him. Additionally I think IAC is going to be a much bigger player very soon.
http://www.roofcontractor.com

By: Sean

Sean — Thu, 16 Nov 2006 12:42:21 +0000

Rupert is a master of deception. Fox news had a major impact on the election in 2000. (After we voted) Politics aside, MySpace is a huge creaky monster. It’s shocking that it continues to hold its dominance when so many people complain about the experience. I think social networks for niche markets are a better way to go. I’d rather spend $25M on five small social networks with specific demos and have a total membership at 10 million, then $500M+ on a huge monster that’s impossible to manage.
http://www.pixelshrink.com

By: carl rahn griffith

carl rahn griffith — Thu, 16 Nov 2006 11:12:09 +0000

a radical new approach by old rupert - maybe i should adopt this approach to governance and transparency - i therefore declare my own business is now worth upwards of $1bn - investors, form an orderly queue, please ….

fair dinkum, rupert! (ooops, sorry, he’s an american now, so that expression will mean nothing to him).

By: John

John — Thu, 16 Nov 2006 06:59:31 +0000

Um, they should sell it then. Six billion dollars is a lot, even for News Corp (Market cap 22 billion)

By: Grokodile

Grokodile — Thu, 16 Nov 2006 06:44:42 +0000

What crazy valuations like this make me think about is the over hyped era of days gone by.

I know that there is real money being made these days, thankfully, but that doesn’t mean people can’t get way ahead of themselves when they are evaluating a company like MySpace. Like everyone else is saying, it’s a crappy site that doesn’t really seem to have it’s act together…

By: Xemillon

Xemillon — Thu, 16 Nov 2006 05:31:27 +0000

how a piece of crap like that can be so expensive.
i think myspace.com it’s anoying and a lil bad designed…
http://xemillon.blogspot.com