Mark Zuckerberg, the founder of Facebook, is king of all social networks. Only six years ago, MySpace was number one and according to former Facebook President, Sean Parker, they blew it. In a rare interview with Fast Company, Sean Parker who is now a managing partner with Founders Fund, “MySpace never would have existed if Friendster had been a properly managed company,” he said.
In the new movie, Social Network, internet users get an inside story on Facebook founder Mark Zuckerberg, his former best friend Eduardo Saverin, and of course infamous Sean Parker. Some would believe that Zuckerberg chose greed over friendship and others would consider him a ruthless businessman. Either way, Facebook is clearly the winner in the social network wars, and MySpace is scrambling to rebrand themselves. According to Sean Parker, “The only reason we won was because of the gross incompetence of MySpace systematically over a period of many years.”
According to inside sources, the MySpace corporate environment was ran like a scene out of the movie Caligula. Way too much partying and hooking up, not enough focus on innovation and technology. In 2005, MySpace was acquired by Fox for $580 million. The founders of MySpace, Chris DeWolfe and Tom Anderson, left the company in spring of 2009. Shortly after the founders left, MySpace laid off 30% of its workforce. Thankfully for Facebook, Mark Zuckerberg is way too square for hardcore partying, he’s had the same girlfriend for the last seven years since he founded Facebook. Our Taurus boy really loves stability and hard work, it’s definitely paid off.
If you haven’t seen the movie the Social Network yet, it’s definite must see. It’s a fascinating look on how two teen college students, Mark Zuckerberg and Eduardo Saverin, change the way we communicate. What Astrochicks wants to know is when they will make a movie about Twitter or MySpace? Stay tuned.