At one point in time, Myspace ruled the social media realm and everyone was a friend with Tom. Eventually, the site was crushed by Facebook. Think you know the secret history of MySpace? Think again.
1. Myspace was officially launched to the public on August the 1st of 2003.
2. The social media website was created by several eUniverse employees, after seeing potential in Friendster’s social networking features.
3. The initial version of the website was created in just 10 days.
4. Tom Anderson, who became everyone’s friend, was the company’s first president. At the time, the project was managed by Brad Greenspan.
5. Myspace’s first users were staff members of eUniverse. Contests were put together to see which employee could sign up the most users.
6. YourZ.com originally owned the Myspace.com domain. The intention was to use the domain to create a data storing and sharing website.
7. The company’s first CEO, Chris DeWolfe, once suggested charging a small fee to use Myspace’s basic service. The idea was quickly squashed by Brad Greenspan.
8. In 2005, Myspace actually approached Mark Zuckerberg about acquiring Facebook. The deal fell through when DeWolfe refused to pay $75 million for the social network.
9. Rupert Murdoch’s New Corporation actually bought Myspace for 580 million dollars in 2005. The transaction was one of the first big Internet purchases.
10. At the time, there was an ongoing bidding war between News Corporation and Sumner Redstone’s Viacom. After Viacom was unable to seal the deal, their stock dropped 20% and Tom Freston was removed as the company’s CEO.
11. Myspace finally accumulated 100 million accounts in August of 2006. That account was created by a user from the Netherlands.
12. In 2007, Yahoo! And Myspace almost merged.
13. In 2011, the failing Myspace was sold by News Corp for just 45 million dollars. Rupert Murdoch admitted the purchase was a huge mistake.