MySpace is on a sudden growth spurt, and after the news that the legendary social network added 1 million new users in just one month, it looks like this blogger wasn’t off-base in asking MySpace Chief Operating Officer Chris Vanderhook if challenging Facebook was within the relm of possibility. Here’s my interview at CES Las Vegas:
Tim and Chris Vanderhook teamed with entertainer and investor Justin Timberlake to reinvent and clean-up MySpace, making it more music oriented. That was a smart move because music industry users were already employing MySpace to promote their music – Tim and Chris, and Justin, made a smart read of the market and adjusted to it.
It’s still a long way to go to catch Facebook, but the bet in this space is that MySpace under Tim and Chris can do it.