Tom Anderson is an American entrepreneur, he has a net worth of $60 million. Tom Anderson has earned his net worth as co-founder of the social networking website Myspace in 2003 with Chris DeWolfe, and was later president of Myspace and a strategic adviser for the company. He has become known as the default picture of Myspace. Newly created accounts on Myspace have Tom added as your first friend by default, that is how he became known as the default picture of Myspace. He worked at eUniverse in 2003, where he and a few others employees set up the first pages of Myspace, and it grew from there. The idea behind Myspace came about after the 2002 launch of Friendster, several people with Friendster accounts were employees at eUniverse, they recognized the potential and decided to mimic the more popular features of the social networking website. Myspace has a listing in slot no. 85 of Alexa Top 500 Global Sites as of October 2010, making it was one of the most popular social networking websites in the United States. On this same list Myspace number one competitor Facebook was number 2.The 2009 American drama-comedy film Funny People starring Adam Sandler, Seth Rogen and Leslie Mann featured a cameo appearance by Tom. Anderson was born on November 8, 1970 and his hometown is Escondido, California. He is currently single and lives in Los Angeles,California. He attended both the University of California, Berkeley and the University of California, Los Angeles. When Tom worked at eUniverse under the purview of Brad Greenspan. Myspace was sold to Specific Media for US$35 million plus a 5 percent stake in Specific Media, on June 29, 2011, Justin Timberlake the pop star also took a small stake in the deal.
The most popular social networking site in the United States in June 2006 was Myspace, and this hot social networking site held that position throughout 2007 until 2008. However by April 2008, Myspace was overtaken internationally by its main competitor, Facebook, based on monthly unique visitors, as compelled by according to comScore, Since then MySpace has seen a steady decline in number of visitors, despite of several drastic redesigns. According to Quantcast MySpace's estimated monthly U.S. unique visitors is at 19.7 million as of May 2011. In the prime of Myspace they employed 1,600 employees, that was reduced to 1,000 after laying off 30% of its workforce in June 2009. By June 2011, further job cuts reduced its size to 400 employees, with Myspace to lay off at least 150 employees and put another 150 employees on a transition plan that will enable them to work for pay temporarily while looking for another job. The site architecture behind MySpace was based on ColdFusion, a simple and easy-to-use programming language. DeWolfe and Anderson were aware of ColdFusion's limitations compared to open-source code software favored by developers, however this gave Myspace the essential speed to market to take on Friendster and its knockoffs. By 2005, it became apparent that ColdFusion was insufficient, and could not to keep up with rival development. However Myspace would have been delayed for a year or two right at the time the site was exploding in popularity, if they would have decided to change site architecture.