<blockquote>Beleaguered social networking site MySpace may have a new owner by the end of the week. The Wall Street Journal has reported that News. Corp is seeking $100 million for MySpace. The sale is expected to attract bids from a variety investment firms and companies who may seek the buy parts or the whole of MySpace.

News. Corp paid $580 million for MySpace back in 2005. At the time, the purchase appeared to be a solid investment.     ...</blockquote>
via <a href="http://news.yahoo.com/s/digitaltrends/20110427/tc_digitaltrends/newscorpseeking100millionformyspacebidsexpectedthisweek">News Corp. seeking $100 million for MySpace, bids expected this week - Yahoo! News</a>.

My theory is that we'll read a similar story about companies like Groupon in a couple of years.