MySpace

David Senra · Feb 1

Jimmy Iovine: Building Interscope Records & Beats by Dre

Iovine calls MySpace ahead of its time but says it lost the race, an example that predicting a shift is only 10% of the game.

Tips

• Iovine says an idea ahead of its time is only 10% of the game and getting it right is the rest▶ 3:17Spotify had three million subscribers when Beats sold to Apple.

Acquired · Oct 27

Meta

Sold for $580 million a year before Facebook's Yahoo talks. It had worse retention and slower pages than Facebook and capped users at eight photos.

Tips

• Facebook required real names and user-submitted content from its first day▶ 49:50Myspace and Friendster were open to anyone and grew faster at first, but Facebook's users were verified people from the same school.

Lenny's Podcast · Sep 26

Lessons in product leadership and AI strategy from Glean, Google, Amazon, and Slack | Tamar Yehoshua

It died because its product got too slow, showing that early product-market fit is not enough.