Brad Greenspan Net Worth is$20 Million
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Profession: Businessperson, Investor
Country: United States of America
Brad Greenspan is an Internet entrepreneur with a net worth $20 million. Brad Greenspan has earned from his involvement in the founding and proliferation of web properties including MySpace. Greenspan founded eUniverse Inc. Brad Greenspan attended UCLA, where he launched his first company Palisades Capital from his dorm room. Some of his other accomplishments are Broadwebasia (an Asian Internet company), Borba (a health product-line), and LiveUniverse (a social network focused Internet company).
Brad Greenspan is an internet entrepreneur who has been involved in the founding and proliferation of web properties including MySpace. Greenspan founded eUniverse Inc. in 1998, which went public in 1999. The company survived the .com-bust of 2001 and was the incubator that launched in 2003. Greenspan left his position as CEO at eUniverse towards the end of 2003, after accounting problems which lead to three quarters of financial results having to be revised forced a four-month halt in trading of eUniverse stock. Greenspan retained a significant percentage of shares in the company and owned 10% of the company when it sold to News Corp in 2005. Greenspan opposed the acquisition, and has been fighting News Corp both legally and publicly ever since. He increased the market cap of Euniverse from $70mm to $650mm when the company was sold to News Corp.
Greenspan has continued to innovate and has established Broadwebasia (an Asian internet company), Borba (a health product-line), and LiveUniverse (a social network focused internet company).
In mid-2007, Brad Greenspan presented a takeover bid for Dow Jones' Wall Street Journal (WSJ) against News Corp. Greenspan was unsuccessful in his bid against News Corp.
Brad Greenspan attended UCLA, where he launched his first company Palisades Capital from his dorm room.[citation needed]
The MySpace service was founded in August 2003 as a new initiative and 100% owned division of publicly traded internet company eUniverse (which later in mid-2004 changed its name to Intermix).[citation needed] eUniverse created and marketed the Myspace website, providing the division with a complete infrastructure of finance, human resources, technical expertise, bandwidth, and server capacity right out of the gate so the MySpace team wasn't distracted with typical start-up issues.[citation needed] The project was overseen by Brad Greenspan (eUniverse's Founder, Chairman, CEO), with Chris DeWolfe (MySpace's former CEO), Josh Be

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