“MySpace Will Fail”
April 21st, 2007That’s what News 24 reports Wikipedia founder Jimmy Wales saying recently. Well, define “fail.” If that means “experiencing something south of about 69 percent quarterly profit growth,” I agree. Except I think it won’t be so much about the MySpace audience feeling disrespected because of too many ads, as Wales suggests, but more about that audience tiring of yesterday’s fad and moving on to the Next Big Thing, as the Web audience is inclined to do.