The workforce built at MySpace can be credited for spawning many other new companies, tech teams, and start-ups.
“Spend enough time in a start-up community and you’ll hear the word “ecosystem” pretty often.
Regions that spawn great start-ups often begin with one huge success that gives life to many other companies. Silicon Valley had Google, Facebook, Twitter, and many others. New York had success in Foursquare, Tumblr, Kickstarter, and so on.
For Los Angeles, a foundation of tech success we’re seeing now is MySpace.
Created in 2003, MySpace was co-founded by Chris DeWolfe and Tom Anderson. It was the social network before Facebook; the one place people logged in every day to write to friends, show off photos, and play music. From 2005 to 2008, MySpace was the most visited social networking site in the world, often surpassing Google in number of visitors…”