Google Health and MySpace
One of the more underappreciated aspect of the Silicon Valley ecosystem is that it is equally good at winnowing ideas that are no longer viable as it is at creating exciting new things. Therefore, I was reminded of the fanfare surrounding the prior glories of these two endeavors.
MySpace is sold off for $35mn to an advertising firm. And, Google Health + Google PowerMeter are retiring.
It would be interesting to see what these alum networks will spawn next.
* MySpace's $35mn deal: http://www.zdnet.com/blog/btl/myspace-sold-to-advertising-firm-for-35-million/51623
* Google Health+PowerMeter: http://googleblog.blogspot.com/2011/06/update-on-google-health-and-google.html
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