MySpace is the new MTV. New York Times says that music-driven social networking site MySpace is getting more hits than Google, stickier than Friendster and the founders say they are starting a record label.
From 0 to 26 million members in a few years, first to offer blogs, 20-something market, promoting music (something 20-somethings will actually pay for), new offices, new corporate parent (that just might keep their hands off) and increasing ad revenue, partnerships and alignment with major music labels.
I love seeing sites like this pop up out of nowhere. Initially, low risk, high-reward ventures based on a few simple innovations and a basic premise to do it better than it was done before. Most of these sites are not new ideas, but improvements on existing or failed models.
Where is my 30-something version of this thats not based on music and college kids?
[tags: myspace, innovation]
