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    read more: #bradgreenspan, #myspace, #jumptv, #revver, #valleywag

    JumpTV rejects MySpace creator Brad Greenspan's takeover bid

    Brad Greenspan swears he was the guy who actually created MySpace. Chris DeWolfe and everybody's friend Tom Anderson? They stole the idea from him! (After he stole it from Friendster!) Anyway, you'd think that creating the world's second most popular social network would lend Greenspan some street cred with aspiring entrepreneurs. Nope. Online video startup JumpTV just rejected Greenspan's$12.6 million for 25 percent of the company and went for a merger offer from NeuLion instead. "Mr. Greenspan's proposal was not in the best interests of the Company," reads JumpTV's release on the news. Maybe next time don't spend so much money on a failed Web video startup like Revver before trying to buy another one?


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