WTF Myspace worth $12 Billion?

Tags: Myspace + Yahoo + Fox

MarcoPolo
MarcoPolo posted on Jun 20th 2007 1:55AM; via techcrunch.com/2007/06/19/is-m...
WTF Myspace worth $12 Billion?

There has been some kind of rumors that MySpace website is worth 12 billon dollars.That’s a not bad return on Fox’s initial investment of $580 million in the site. Recently Yahoo and Fox updated that yahoo is interested in buying MySpace for 25% of the stock in the combined entity.

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Brandi says:

In my opinion myspace is wort every bit of it because they keep our information private and have not good it to other companies like facebook did and have a good market. there was some bad publicity with the whole sex offender thing on the news but there are perverts everywhere. it just so happens that myspace took the hit for it. myspace its a wonderful way to connect with friends without having to pay for it like may other sites. i think these two gentlemen have done an excelent job and should get what they have earned
Posted: 09/12/07 11:57

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