Source: http://scobleizer.com/2011/03/24/myspaces-death-spiral-due-to-bets-on-los-angeles-and-microsoft/
Saturday, 26 March 2011
MySpace?s death spiral: insiders say it?s due to bets on Los Angeles and Microsoft
I’ve been watching the death spiral MySpace is in for a while. Back in December I interviewed CEO Mike Jones onstage at LeWeb. Back then I thought maybe MySpace could pull it out, but since then I’ve learned the MySpace “plane” that’s in a death spiral has increased its velocity — in the wrong direction. [...]
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