Do you know why myspace denied the chance to buy Facebook for $75 million?
According to Julia Angwin, an award winning investigative journalist and former reporter for The Wall Street Journal, “MySpace could have acquired Facebook for just $75 million in early 2004, but passed on the deal as too expensive.”
Some other interesting facts related to this are:
– Myspace has a Facebook page.
– Myspace was purchased by News Corp. in 2005 for $580 million.
– Facebook is now worth more than $200 billion.