Google's not perfect. The company had a chance to acquire MySpace months before News Corp., at half the price. Rupert Murdoch
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So, perhaps we can officially say not buying MySpace was a super, super dumb move. This may be why Google has seemed a bit trigger-happy with acquisitions lately – YouTube for $1.65 billion despite copyright concerns; DoubleClick for $3.1 billion (okay, not really a Web 2.0 company, but they are a strong contextual ad company).
But of course, the most painful part of this hindsight reality is that Google had to pay almost $1 billion to serve advertisements to MySpacers, rather than paying $300 million a smidge earlier to own it out right.
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Users Spent 1740 Years At MySpace In March?
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