The business of having online sites with content created by amateurs to be viewed by other amateurs never had a reasonable chance of making money. The fact that at one point Facebook had a $15 billion valuation, that Rupert Murdoch’s News Corp bought MySpace, and that Google bought YouTube only proves the “greater fool” theory. YouTube was started in 2005 and MySpace in 2003
Americans like answers in black and white, a cultural trait we confirmed last year when the biracial man running for President was routinely called “black”. The flattening of Barack Obama’s complex racial background shouldn’t have been surprising. Many multiracial historical figures in the U.S.