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June 29, 2011 03:42 am GMT
With reports of social network Myspace about to sell for ~$30 million, the tech world eagerly awaits the HBS study for why the service, which was bought in 2006 by Newscorp for $580 million and was at some point valued at $1.5 billion(a quote in a Business Week article referred to it as "one of the best acquisitions ever")ultimately failed.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0jgxPiIOnus/
Sean Parker On Why Myspace Lost To Facebook
With reports of social network Myspace about to sell for ~$30 million, the tech world eagerly awaits the HBS study for why the service, which was bought in 2006 by Newscorp for $580 million and was at some point valued at $1.5 billion(a quote in a Business Week article referred to it as "one of the best acquisitions ever")ultimately failed.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0jgxPiIOnus/
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