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MySpace Was Born Of Total Ignorance. Also Porn And Spyware

MySpace

Just one person's opinion. Simon Hildrew / Flickr Creative Commons hide caption

itoggle caption Simon Hildrew / Flickr Creative Commons

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On today's Planet Money:

If you find MySpace more chaotic than Facebook, that's no accident. Founders Chris DeWolfe and Tom Anderson wanted to create a site that's just as disorienting as your average nightclub, a crazy landscape of musicians and models and Hollywood desire, says Julia Angwin, author of Stealing Myspace: The Battle to Control the Most Popular Website in America.

DeWolfe and Anderson came to their social networking juggernaut from the world of porn and spyware. Their greatest asset? Complete ignorance, Angwin says. Not knowing what to fear, the entrepreneurs just dove in. It gave them a great beginning, Angwin says, but became an Achilles heel.

Bonus: DeWolfe and Anderson explain MySpace to Charlie Rose.

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In February, MySpace founders Chris DeWolfe and Tom Anderson paid a visit to Charlie Rose. In April, DeWolfe stepped down as CEO. Maybe it's just the format, but we think you can see DeWolfe and Anderson sweating it already in this interview.

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