“Y Combinator founder, Paul Graham, asked the Facebook CEO whether MySpace could have succeeded. Graham seemed to insinuate that Facebook had won it all and that there was no other social network. To that, Zuckerberg disagreed. He said that it wasn’t about simply building a social network — it was about doing something. For MySpace, it was great earlier to help you meet new people. For Facebook, the company was more focused about staying in touch with all your friends, family, and people you already knew. Eventually, MySpace shifted its comprehension of Facebook and felt it needed to compete with the service to succeed. Zuckerberg believed that it was then that MySpace went ahead and copied everything that they’ve been doing and that is serving their business badly.”

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