[dasil003]

> MySpace sold to News Ltd, and then went downhill. Maybe Twitter won't sell itself to a company that is actively internet-hostile. But yes, you are correct: potentially any company could fail.

I don't think that's it. I don't remember the acquisition disrupting their strategy much. Rather I think the quality of their code base and inability to keep up with Facebook's agility is what drove the nails in the coffin.

[nl]

* I don't remember the acquisition disrupting their strategy much.*

I find it very interesting that the rate of growth in MySpace's membership slowed significantly with 6 months of being bought[1].

I think the quality of their code base and inability to keep up with Facebook's agility is what drove the nails in the coffin

I agree 100%. And I think News Ltd was to blame: they didn't (don't) understand the internet, and didn't know how to manage a high-growth property like MySpace.

But then again, it could all be co-incidence.

[1] http://www.petehatesmusic.com/wp-content/uploads/2011/06/mys...

[misiti3780]

quality of their codebase?

[jlgreco]

Maybe not quality of the code base per se, but Forbes had an article a while ago that called out ColdFusion as one of the contributing causes of their demise: http://www.forbes.com/sites/stephenwunker/2011/07/25/4-moral...

I don't know to what extent that is fair, but I can only imagine that at the very least highering the best and the brightest to work on a coldfusion project could be.. tough.