According to these reports summed up over at Valleywag, Myspace isn’t a megatacular grassroots operation run out of a garage by “Tom” and his buddy Chris, but a multi-million operation created by the cons and insider traders of Intermix Media. Among their other business ventures were installing spyware on millions of computers. Chris and Tom were just the “cabin boys” or “poster boys,” the Valleywag source alleges.
So surprising that a service based around people brought together around a common love of being brought together should dissolve from its (empty) core.
“Spammers and Ex-Cons, Not Tom, Made MySpace” [Valleywag]