Razvan Fotia @razvanfotia.com · Jun 12 He co-founded MySpace in 2003. Everyone was on it. Pop culture ran straight through it. Musicians loved it most, because a following finally meant something. It scared every middleman who used to control who got heard.
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In 2005, News Corp bought MySpace for $580 million. Tom and his co-founder walked away wealthy. He could have coasted on that forever. Instead, he tried to stay and keep building. That part did not go as he hoped.