Interesting quote from Chris DeWolfe in the NYT

There was an article on April 23rd in the NYT about MySpace in which Chris DeWolfe made a classic mistake...

Mr. DeWolfe argues that MySpace won't suffer that fate because, in just two years, it has already become so entrenched in so many lives. "People are truly invested in the site," he said. "All their friends are on it. They spent months building their profiles. And so the cost of switching is too high. If we keep building the features they want, they will stay on the site."

I'm pretty sure that Orkut and Friendster said the same thing, buddy.

Posted: Sat - April 29, 2006 at 12:44 PM           |