1) Having 20 million users and e-mail subscribers as part of the eUniverse community we were able to quickly breathe life into MySpace, and move it to the head of the pack of social networking websites at lightning speed. Harnessing the traffic to create critical mass is everything!2) The Superior eUniverse technology and tech team allowed Myspace to stay fast and fun for users while competitors like Friendster and other traditional start-ups couldn’t get over their early technical hurdles. Plus the Myspace guys could focus on marketing/promotion while our
existing tech infrastructure seamlessly supported growth.3) eUniverse provided MySpace with a complete infrastructure of finance, human resources, technical expertise, bandwidth, and server capacity right out of the gate so the MySpace team wasn’t distracted with typical start-up issues. Everyone was simply focused on growing the business.Over 4 months after eUniverse had started Myspace, on December 17, 2003 eUniverse sold 33% of Myspace to a group of individuals that included Chris DeWolfe and Josh Berman. The agreement clearly defines that: “Myspace was created and run as eUniverse’s social network business.”