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@Brandon Marker Given the title, I think it's fair to bring MySpace back up again.
11 months ago on The Revenge of Team MySpace: Will Intelligent Beauty Be LA’s Redemption Story?
@AntoneJohnson Are you telling me then that there's a conspiracy to recast the history of MySpace from people everywhere? For crying out loud, there was a book that was written by "award-winning journalist Julia Angwin" which "traces MySpace's history from its humble beginnings as a spam and spyware distributor, based in a dingy office park near the L.A. airport, to its arrival as a centerpiece of Rupert Murdoch’s media empire." Not to mention this: http://gawker.com/199668/what-news-corp-doesnt-want-you-to-know-about-myspace-condensed-edition . I agree that it ultimately hit "viral" status after it gained critical mass but one has to wonder what you guys did to get it there.
The problem is that LA hasn't come up with an original substantive business that has scaled. Selling weight-loss and beauty products is profitable but hardly original or substantive. It's superficial and fleeting and preys on the insecurities and false hopes of its users. The fact that the biggest tech thing to have come out of the LA tech scene is a 580-million dollar poorly coded accident which grew through the use of spam says a lot about how far we are from giving the valley a run for the money.