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I was not aware of this. Hmm... I wonder if the founder regrets having sold it...
I bet, he did, but he sold Myspace for a lot of money to Fox/News Corp. for $580 Million dollars, so he probably does not regret it too much.
I think the founder would of made more than $580 million if he kept improving Myspace instead of selling it off to Fox which sold it to Justin Timberlake a few years a go.
Facebook makes Billions of dollars a year, so I bet, Myspace could of made billions a year if Fox had not been so greedy by filling the site full of advertisements, and not spending enough money to improve Myspace website by hiring better workers.