Myspace Lost $12 BILLION to Facebook - Here’s Why”

Описание: MySpace was the king of social media with 100 million users and a $12 billion valuation. Then Facebook arrived, and in just 3 years, everything changed. This is the story of one of tech's biggest collapses.

📊 Key Facts:
• MySpace peak: 100M users (2008)
• Bought for: $580M (2005)
• Sold for: $35M (2011)
• Facebook IPO: $104B (2012)

The downfall came from poor user experience, excessive ads, and refusing to innovate while Facebook revolutionized social networking with clean design and real identity.

💡 Business Lessons:
User experience beats being first to market
Innovation is constant, not optional
One bad decision can destroy billions in value

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TIMESTAMPS:
0:00 - The Hook
0:09 - MySpace's Peak
0:21 - The Fatal Mistakes
0:36 - The Collapse
0:51 - The Lesson