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MySpace sold in 2005 for $580MM. In 2007 they had $550MM in revenue, and in 2008, $900MM.

I know you were being snarky, but those numbers are pretty solid. Probably not the best counterexample.

Snapchat has the same demographic, but it's now much larger and their users are spending way more time in the app.

"Toys are not really as innocent as they look. Toys and games are preludes to serious ideas.”




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