Case Study: My what?

Long before Facebook there was MySpace (it’s not really dead yet), and I have to admit I did not believe in Facebook until MySpace started to crumble in 2007.

Now Facebook is the king of Social Media. MySpace, on the other hand, serves as a great case study for the Social Media industry due to its massive failure. The acquisition by News Corporation actually spelled the death of this one hit wonder back in the days.

Is the Facebook party going to continue or is it going to end up like Freindster and MySpace?

What is the next big thing?