# Myspace

**URL:** <https://forums.speedlife.net/t/myspace/180235>\
**Category:** PittSpeed Off Topic\
**Created:** [February 13, 2006, 10:52am UTC](https://forums.speedlife.net/t/myspace/180235 "2006-02-13T10:52:37Z")\
**Posts on this page:** 20\
**Page:** 1

<div class="post-metadata">

**Author:** ![kilmer420](https://avatars.discourse-cdn.com/v4/letter/k/d6d6ee/32.png) [@kilmer420](https://forums.speedlife.net/u/kilmer420)\
**Post date:** [February 13, 2006, 10:52am UTC](https://forums.speedlife.net/t/myspace/180235/1 "2006-02-13T10:52:37Z")

</div>

![http://img45.imageshack.us/img45/6154/emofags5pj.gif](http://img45.imageshack.us/img45/6154/emofags5pj.gif)

---

<div class="post-metadata">

**Author:** ![BlkP42E](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blkp42e/32/5938_2.png) [@BlkP42E](https://forums.speedlife.net/u/BlkP42E)\
**Post date:** [February 13, 2006, 10:54am UTC](https://forums.speedlife.net/t/myspace/180235/2 "2006-02-13T10:54:47Z")

</div>

🤣🤣🤣

---

<div class="post-metadata">

**Author:** ![The1SloR\_T](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/the1slor_t/32/5984_2.png) [@The1SloR\_T](https://forums.speedlife.net/u/The1SloR_T)\
**Post date:** [February 13, 2006, 10:56am UTC](https://forums.speedlife.net/t/myspace/180235/3 "2006-02-13T10:56:12Z")

</div>

:bowrofl:

---

<div class="post-metadata">

**Author:** ![mp3ray](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mp3ray/32/5994_2.png) [@mp3ray](https://forums.speedlife.net/u/mp3ray)\
**Post date:** [February 13, 2006, 10:57am UTC](https://forums.speedlife.net/t/myspace/180235/4 "2006-02-13T10:57:49Z")

</div>

That is awesome!!!

---

<div class="post-metadata">

**Author:** ![Cheeks](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cheeks/32/5930_2.png) [@Cheeks](https://forums.speedlife.net/u/Cheeks)\
**Post date:** [February 13, 2006, 10:58am UTC](https://forums.speedlife.net/t/myspace/180235/5 "2006-02-13T10:58:56Z")

</div>

uhhh, I’m guessing thats the creator of myspace?

---

<div class="post-metadata">

**Author:** ![kilmer420](https://avatars.discourse-cdn.com/v4/letter/k/d6d6ee/32.png) [@kilmer420](https://forums.speedlife.net/u/kilmer420)\
**Post date:** [February 13, 2006, 11:01am UTC](https://forums.speedlife.net/t/myspace/180235/6 "2006-02-13T11:01:46Z")

</div>

> [@Cheeks](#):
>
> uhhh, I’m guessing thats the creator of myspace?

yep…his name is Tom and he is everybody’s :friend: on myspace  
now he just sold it…

---

<div class="post-metadata">

**Author:** ![Cheeks](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cheeks/32/5930_2.png) [@Cheeks](https://forums.speedlife.net/u/Cheeks)\
**Post date:** [February 13, 2006, 11:12am UTC](https://forums.speedlife.net/t/myspace/180235/7 "2006-02-13T11:12:25Z")

</div>

makes sense now

---

<div class="post-metadata">

**Author:** ![munster\_ek](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/munster_ek/32/5977_2.png) [@munster\_ek](https://forums.speedlife.net/u/munster_ek)\
**Post date:** [February 13, 2006, 11:30am UTC](https://forums.speedlife.net/t/myspace/180235/8 "2006-02-13T11:30:10Z")

</div>

$580 million.

---

<div class="post-metadata">

**Author:** ![rookee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rookee/32/5972_2.png) [@rookee](https://forums.speedlife.net/u/rookee)\
**Post date:** [February 13, 2006, 11:46am UTC](https://forums.speedlife.net/t/myspace/180235/9 "2006-02-13T11:46:09Z")

</div>

> [@kilmer420](#):
>
> yep…his name is Tom and he is everybody’s :friend: on myspace  
> now he just sold it…

awesome

---

<div class="post-metadata">

**Author:** ![SVshine03](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@SVshine03](https://forums.speedlife.net/u/SVshine03)\
**Post date:** [February 13, 2006, 11:57am UTC](https://forums.speedlife.net/t/myspace/180235/10 "2006-02-13T11:57:22Z")

</div>

holy crap - - Maybe I’m a long lost cousin or something _fingers crossed_ HAHA

---

<div class="post-metadata">

**Author:** ![Blazin\_Si](https://avatars.discourse-cdn.com/v4/letter/b/2bfe46/32.png) [@Blazin\_Si](https://forums.speedlife.net/u/Blazin_Si)\
**Post date:** [February 13, 2006, 12:13pm UTC](https://forums.speedlife.net/t/myspace/180235/11 "2006-02-13T12:13:52Z")

</div>

Haha, that picture is the best!

---

<div class="post-metadata">

**Author:** ![Sinner6.0L](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sinner6.0l/32/6016_2.png) [@Sinner6.0L](https://forums.speedlife.net/u/Sinner6.0L)\
**Post date:** [February 13, 2006, 12:27pm UTC](https://forums.speedlife.net/t/myspace/180235/12 "2006-02-13T12:27:28Z")

</div>

🤣 🤣

---

<div class="post-metadata">

**Author:** ![2toneishot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/2toneishot/32/6010_2.png) [@2toneishot](https://forums.speedlife.net/u/2toneishot)\
**Post date:** [February 13, 2006, 12:39pm UTC](https://forums.speedlife.net/t/myspace/180235/13 "2006-02-13T12:39:03Z")

</div>

My space didnt get the 580 million, the media company that owned myspace did. But they do get about 32 million which is still alot of chedda.

[http://www.siliconbeat.com/entries/2005/07/18/web\_20\_peak\_myspace\_sells\_for\_580\_million.html](http://www.siliconbeat.com/entries/2005/07/18/web_20_peak_myspace_sells_for_580_million.html)

Web 2.0 peak? MySpace sells for $580 million  
Updated

MySpace, of Los Angeles, has long been considered the hottest of the new generation of social networking companies. The New York Times reports:

The News Corporation, making one of its largest bets on the Internet, announced today that it is paying $580 million in cash to acquire Intermix Media Inc., a Los Angeles-based company whose chief asset is [MySpace.com](http://MySpace.com), a Web site that is enjoying surging popularity with young audiences.

Could this represent the peak of the current Web 2.0 wave?

Update: Well, the answer to our question seems to be a resounding “no,” judging from comments. There are a few saying things look pretty heated, but as Jeremey Zawodny suggests in comment below, this may not be a problem with Web 2.0 per se.

Also, here are the winning Silicon Valley investors in the deal, as outlined by VentureWire (sub required):

Both VantagePoint and Redpoint invested about the same in Intermix, but VantagePoint came in about a year before Redpoint so its stake is worth far more. VantagePoint invested about $10 million in the fall of 2003 and owned 22.4% of the company, meaning the firm will receive about $130 million in the deal with News Corp. Redpoint purchased Intermix’s shares for about $10.5 million with investments in December and February, giving it a stake of less than 5%, according to partner Geoff Yang. That would give Redpoint less than $29 million.

Redpoint also has a 25% stake in fast-growing MySpace after a $4 million investment placed only about seven months ago. Intermix owns 53% of MySpace but as part of the News Corp. deal agreed to acquire the remaining 47% for $69 million, said David Krawitz, a PR rep for Intermix. So Redpoint will get a little more than $17 million while founders, management and employees - which own the other 22% in MySpace - will take in nearly $52 million (see correction below)

CORRECTION: VentureWire has since corrected its math: Redpoint will likely get somewhere around $36 million on the sale of its 25% stake in MySpace, while founders, management and employees - which own the other 22% in MySpace - will take nearly $32 million.

---

<div class="post-metadata">

**Author:** ![Jordons\_Pontiac](https://avatars.discourse-cdn.com/v4/letter/j/41988e/32.png) [@Jordons\_Pontiac](https://forums.speedlife.net/u/Jordons_Pontiac)\
**Post date:** [February 13, 2006, 1:52pm UTC](https://forums.speedlife.net/t/myspace/180235/14 "2006-02-13T13:52:40Z")

</div>

🤣

---

<div class="post-metadata">

**Author:** ![traydogg6969](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/traydogg6969/32/5999_2.png) [@traydogg6969](https://forums.speedlife.net/u/traydogg6969)\
**Post date:** [February 13, 2006, 4:56pm UTC](https://forums.speedlife.net/t/myspace/180235/15 "2006-02-13T16:56:31Z")

</div>

> [@BlkP42E](#):
>
> 🤣🤣🤣

---

<div class="post-metadata">

**Author:** ![traydogg6969](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/traydogg6969/32/5999_2.png) [@traydogg6969](https://forums.speedlife.net/u/traydogg6969)\
**Post date:** [February 13, 2006, 4:57pm UTC](https://forums.speedlife.net/t/myspace/180235/16 "2006-02-13T16:57:48Z")

</div>

i bet u it wont be free no more

---

<div class="post-metadata">

**Author:** ![BLKSTNG95](https://avatars.discourse-cdn.com/v4/letter/b/ea666f/32.png) [@BLKSTNG95](https://forums.speedlife.net/u/BLKSTNG95)\
**Post date:** [February 13, 2006, 10:46pm UTC](https://forums.speedlife.net/t/myspace/180235/17 "2006-02-13T22:46:47Z")

</div>

haha thats great…f\*ck’in myspace…

---

<div class="post-metadata">

**Author:** ![rookee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rookee/32/5972_2.png) [@rookee](https://forums.speedlife.net/u/rookee)\
**Post date:** [September 2, 2006, 10:08am UTC](https://forums.speedlife.net/t/myspace/180235/18 "2006-09-02T10:08:01Z")

</div>

ttt 🤣

anyone watch the ‘its always sunny in philadelphia’ where they were bustin on myspace???

---

<div class="post-metadata">

**Author:** ![bics56](https://avatars.discourse-cdn.com/v4/letter/b/47e85d/32.png) [@bics56](https://forums.speedlife.net/u/bics56)\
**Post date:** [September 2, 2006, 6:46pm UTC](https://forums.speedlife.net/t/myspace/180235/19 "2006-09-02T18:46:53Z")

</div>

myspace FTL…bunch of wannabe internet superstars

---

<div class="post-metadata">

**Author:** ![roxy\_5485](https://avatars.discourse-cdn.com/v4/letter/r/f14d63/32.png) [@roxy\_5485](https://forums.speedlife.net/u/roxy_5485)\
**Post date:** [September 3, 2006, 4:38pm UTC](https://forums.speedlife.net/t/myspace/180235/20 "2006-09-03T16:38:24Z")

</div>

facebook will be next… they both are overrated anymore

[Next page](https://forums.speedlife.net/t/myspace/180235.md?page=2)
