Myspace article from Bloomberg

This Bloomberg Businessweek article is not directly related to anime but I still want to share it with all of you:

The Rise and Inglorious Fall of Myspace

Anyone who is interested in internet business should see this article, which has good history and solid analysis. The age of .com bubble is long gone, and internet is now a large, well-consolidated sector. Social network or not, people from industrial moguls (e.g. Murdoch) to individual investors (e.g. YOU) need to take internet more cautiously. Of course, big websites (think Facebook, Youtube) are fundamentally different from the likes of Bank of America, Shell or General Motors, but nowadays their potential to crunch (and create) incredible amount of wealth is no less than that of any traditional business.