fromMoneyMade
4 days agoMySpace dominated social media, but it wasn't competition from Facebook that caused it to lose everything.
MySpace was launched in August 2003 as a project created by employees of the digital marketing company eUniverse in Los Angeles. Founders Chris DeWolfe and Tom Anderson set up the new platform to enable users to create profiles and connect with each other socially. In those years, online social networking was still experimental and poorly understood. Despite its experimental nature, MySpace experienced explosive growth in its first year as early adopters invited their friends to join the site.



