What is Digg?133 Comments
- coxon, on 10/11/2007, -7/+108Myspace is going to be a ghost town very soon. The exodus started when Facebook opened up to everyone.
- Phocion55, on 10/11/2007, -3/+77"The HTML is a disorganized mess"
I dunno....I always thought fuscia text on top of a 200x150px titled background of Justin Timberlake looked fairly professional. - tizz66, on 10/11/2007, -6/+49MySpace does suck though.
- The_Wallbanger, on 10/11/2007, -3/+45Myspace has to be considered a fixer-upper to any potential buyer. The HTML is a disorganized mess and half of the time the links don't work. It's easily the most unreliable popular website on the net. Like buying a used car or home, nobody should pay full price for Myspace until Tom can clean it up and detail it.
- cactus476, on 10/11/2007, -4/+33No.
- rauz, on 10/11/2007, -4/+33Is MySpace worth *****?
- christopheles, on 10/11/2007, -4/+31Is MySpace Worth $12 Billion?
No. - 89vision, on 10/11/2007, -3/+30Kicking themselves all the way to the bank
- MISDIREK7ED, on 10/11/2007, -5/+28That is EXACTLY what it is worth..
- mcm297, on 10/11/2007, -2/+24No wonder Yahoo!'s shareholders have little confidence in their directors. They're going after bad acquisitions... as the top poster said they should be focused on Facebook. Even though Facebook currently wants to remain an "independent company", given enough money they'll sell. Yahoo! could blend their product line wonderfully into Facebook (Flickr photos, delicious, et al.)
- darksheer, on 10/11/2007, -1/+18@the_wallbanger
As much as your statements are completely correct and I as a web developer completely agree with you....
No one cares. MySpace is huge--its still huge, and despite the claims of its death at the hands of facebook--I don't really see it happening any time soon (too many people within their target market actually LIKE the ability to turn their profile into a hot pink nightmare). If its badly created HTML and awful interface were going to be its downfall, it might have happened before they passed the 100 million users mark. - Error601, on 10/11/2007, -4/+19Pointless. Asking a complex question about company valuation on digg will just get you brain dead things like "myspace sucks."
- NinjaBoy, on 10/11/2007, -1/+15I think people think there are WAY more users than there really are. Each day i get about 8-10 friend invites from "BUY A PS3" or "I SU(K G0OD" i'm betting at least 25% of the users are either bots or hacked accounts.
- navvvv, on 10/11/2007, -0/+1412,000,000,000/100,000,000 = 120
so if I sign up to myspace I'm worth $120? - RaptorNv25, on 10/11/2007, -0/+11imagine if I had 12 billion dollars,
2 dollars FOR EVERYONE!!! - operand, on 10/11/2007, -0/+11Myspace's ad revenue hit about 250 million in 2006 and reports from Rupert Murdoch indicated that it was going to near 500 million for 2007. Also, MySpace makes money ON EVERY person that signs up based on their financials. YouTube and other sites cannot say the same thing. Regardless of how pathetic we view MySpace as a whole, its a money making machine and every month it's attracting more and more new visitors even though some are being lost to Facebook.
- dusingaz, on 10/11/2007, -1/+10This is the internet, nothing lasts forever.... well except for ebay
- marnaq, on 10/11/2007, -1/+10Coolness.
- inactive, on 10/11/2007, -9/+18nope
- fishrjv, on 10/11/2007, -2/+10umm.. nine?
- Seidoger, on 10/11/2007, -1/+8While it may not be worth 12 billions, it's still worth a lot.
MySpace as in the pages and their content, is crap.
But they would be buying one of the largest userbase. That's the big thing these days: buying user databases, with the potential of reaching millions of new people with advertisement and products. - Scopitone, on 10/11/2007, -1/+8Not sure.
Let me ask my teenage relatives. - thcobbs, on 10/11/2007, -4/+10"Is MySpace Worth $12 Billion?"
If someone is willing to pay that much... then yes, it is! - ashefire, on 10/11/2007, -1/+7What exactly is the difference between a "cool" $12 billion and an "uncool" $12 billion?
- joshua5, on 10/11/2007, -0/+6facebook is too elitist to ever overcome a site like myspace. forgetting about the technologies, normal people want control, and myspace gives it to them. when it comes to being able to view profiles of non-friends and searching for people you don't know, myspace wins, and thats what the users want. a site with little to no restrictions and if that means more spam and people who abuse it then thats the sacrifice.
whether or not thats good or bad is irrelevant. myspace is the PC and facebook is the Mac. - Hippias, on 10/11/2007, -2/+8Not surprising. Facebook values itself at $8 billion or more < http://www.bloomberg.com/apps/news?pid=20601204&sid=aqwoCAVu._zA >. MySpace has to be higher.
- broeks, on 10/11/2007, -1/+6...because future stock values and future computer values are equally predictable.
- bpapa, on 10/11/2007, -2/+7These numbers may not have been accurate, but I read that MySpace still has more new people sign up per day as Facebook.
As sad as it is to say, MySpace isn't going downward anytime soon. - EnderMB, on 10/11/2007, -2/+7I know I'll get buried to oblivion for disagreeing with people, but here's my view.
MySpace IS worth $12 Billion because of user numbers, but not quality. This makes its validity really poor, as once you've forked out all that cash for MySpace, all you're left with is a broken product.
Now, think back to Blogger. It was purchased by Google and received a MAJOR overhaul. The underlying technology was modified and good design prevailed, with huge names in the Web Development industry lending a hand. Now, loads of people look to Blogger for their blogging needs over many other mediums.
Yahoo is comprised of great developers, and if any companies aside from Google and MS are able to turn MySpace around, it's Yahoo. I'd even go as far as to say that Yahoo should let it all go on MySpace. Buy it out, give it a full redesign, and make it a Facebook killer from the start with the things Facebook doesn't have. Free music, big names, and a mammoth community.
As much as everyone likes to think Facebook is going to destroy MySpace, it probably will, but in turn it will suffer the same thing that every popular website does, like Digg, MySpace, and YTMND, it will fill up with little kids, looking to turn it into what they turned those sites into. It's happening to Facebook already! On many peoples profiles I see loads of ***** apps, like Rate Me, Hot Or Not, SuperPoke, Emoticons, Audio, Glitter Text, etc. What makes this any better than MySpace? If anything, it's become worse than MySpace in terms of privacy. The worst thing Facebook ever done was open itself up to public development (and the public in general), because when you're trying to make something look nice and professional, you need nice professionals to work on it. It's the curse of Web 2.0.
Facebook is in a coma at the moment. All it'll take is a few more lame apps (how long until we get an app that'll redesign peoples Facebook pages, MySpace style), a few more users, and Facebook will be as dead as MySpace. - drowe, on 10/11/2007, -0/+5...and, well, porn.
You're all thinking it, I just said it. - ryancxx, on 10/11/2007, -1/+6Expert User? You're a ***** tool.
- juneau, on 10/11/2007, -0/+5I'd imagine $12B about covers myspace's monthly bill for bandwidth from their bloated, disgusting code base.
- honkyman5000, on 10/11/2007, -1/+5Semel resigns earlier this week and now word is out he was in talks to swap 25% of Yahoo for MySpace. Coincidence? I don't think so.
- DeusNova, on 10/11/2007, -3/+7I'd be scared if it was. =/
- staffell, on 10/11/2007, -2/+6facebook need to stop with these damn applications first
- orangysb, on 10/11/2007, -1/+5i disagree with Facebook opening up its application platform being a stupid move, if anything it is a brilliant move, its a symbiotic relationship and it benefits both Facebook and the application developers, applications built upon the platform of Facebook will gain the viral network effect and spread out easily and in turn more users of the applications originally will be pulled to Facebook, that is of course if the applications are viral themselves
and the potential is limitless, Facebook can just go on and build a huge platform of ecosystem, making it sorta like the portals in the early days, except with the social networking features that connect users - thegreyfox, on 10/11/2007, -2/+6Ohh Yahoo. Will you ever stop over paying for worthless things?
- oofki, on 10/11/2007, -1/+4No.
- numeka, on 10/11/2007, -2/+5I'd believe it if Dr. Evil said it.
- fuckingusername, on 10/11/2007, -3/+6if I was 16 myspace might be worth something.
- heifetz, on 10/11/2007, -2/+5jesus christ, are the bankers and the decision makers at Yahoo in touch with reality? Seems like Yahoo and Google have completely two different ideas of what will make money and make sense in the long run. Sure, Yahoo, go ahead and buy Myspace if you want to ruin the little reputation you have left, and get into the business of spammers, child molesters, 12 year old emos, bands that no one listen to...etc etc
- NicP, on 10/11/2007, -0/+3you need new friends ;)
- HexeL, on 10/11/2007, -1/+4Merging with MySpace will be the nail in the coffin for Yahoo.
- catalysis, on 10/11/2007, -0/+2The short answer is yes, Yahoo is worth $48 billion.
- RoboPimp3000, on 10/11/2007, -0/+2Google already has a deal with Myspace. I guess they beat Yahoo to the business of spammers, child molestors, and 12 year old emos.
- munky100, on 10/11/2007, -0/+2Regardless of badly coded pages and a generally ***** interface, their database contains over 100 million account details, and email addresses are valuable!
- inactive, on 10/11/2007, -1/+3unless i got screw over in school, then if 25% of the full stock (the 12 billion MySpace gets) the other company Yahoo! here, would be worth 75% of the full stock, which is the 48 Billion.
therefore, 48 Billion - 12 Billion = 36 Billion is Yahoo! - TimDigg, on 10/11/2007, -2/+4...and amazon
- broeks, on 10/11/2007, -2/+4I hope you catch a cold
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