Wow if I only had a few dollars back in 2005
Posted by TJ on Friday March 14, 2008 @ 10:11 AM
[Tags: news, myspace, internet]

News Corp bought Myspace back in 2005 for $580 million dollars. It is estimated that myspace is worth over 15 billion now. That greater than a 100% return each year. Forgot stocks.. from now on I'm buying whole companies.

This comes as AOL agrees to buy other popular social networking site for $850 million. I never heard of this site till today but I'm thinking of trying to outbid AOL. Any one want to fund this?

Link: MSNBC: AOL to buy Bebo for $850 million

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