according to HitWise MySpace has passed Yahoo! and Google as the most visited site in the US. if you look at the growth in popularity of MySpace over the past couple of years i guess you shouldn't be surprised.

i find it amazing. and it is also the reason i love the Internet so much. that a company can come out of nowhere with a relatively low investment and shake up the industry.

this comes as news are circulating about Bebo rejecting a $550M acquisition from a company in the UK. if i was at the head of Bebo i would have sold. you never know when the bubble is going to burst, and with such a tag price both VCs and founders should be ok.. (facebook is also rumored to have rejected an offer of around $1B). 

i guess MySpace winning the #1 spot will not make these guys think they are worth any less…