MySpace, Trying to Remain Relevant, Hires a CFO
Maybe it won’t help but at least they hired one. There may be something to the strategy of not having a CFO but we’ll be damned if know what that is. Hey, if you’re making money hand over fist and getting the checks cut on time, who gives a damn, right?
Unfortunately for MySpace, their ever-shrinking market share has maybe gotten to the point where some semblance of a financial strategy may be necessary. Enter Mark Rosenbaum who will surely help turn this ship around. Or maybe not, who knows. Good luck man.
MySpace Hires Finance Chief [WSJ]