Henry Blodget says that MySpace could be worth $15 billion (yes, that’s a b) in a few years. He bases his argument on the current value of Yahoo. He also says it could be worth less than Newscorp paid for it ($600 million). While I’m not sure Henry did much other than set out the vast range of possibilities, he ended with a sentence I very much agree with: “One big search deal–and an obsession with music-related content–will not a $15 billion company make.”
In related news, Forevergeek debunks the myth of 100 million users.
Zingu: fun with photos.