I would not be asking will Photobucket survive without MySpace, I’d ask if they would survive with MySpace? The site will never hit those lofty numbers Lehman Bros. hurled at Michael Arrington, it ain’t worth $400M. And while we’re at it, they were dumb to try to get one past MySpace.
Arrington is a smart man, seems like a nice enough bloke, but he is wrong to think that Photobucket can and will do fine without MySpace. What they offer, frankly, is a commodity. They’ll never hit those numbers, and I hate to say it but Valleywag is right when it says that he’s being biased (though they don’t word it so kindly).
More importantly, the point to this post is, browing the comments on the post, this made me laugh:
Do I have an affinity towards [Photobucket]? Yes. They talk to me when I call, whereas Myspace/Fox now ignore my requests for comment because they think I am anti-myspace/fox (this is ridiculous - see www.techcrunch.com/tag/myspace - I cover lots of their new stuff in a positive way). I also hired a fox exec as our CEO, and she loves that company. But Photobucket is also a small guy that a very large gorilla is jumping on, and I tend to side with the small guy.
Hmm… call me old fashion, but maybe that’s why they don’t return your calls. I can’t get into the details, but having worked at News Corp./FIM and one of their magical subsidiaries, I can tell you that they probably didn’t really appreciate you poaching one of their employees, but that’s just me. And, if that’s not enough, this is Rupert Murdoch we’re talking about, if he wants to send any messsages through media, he’ll use his own outlets, which mean more content, building of his audience and more advertising revenue.
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