The origin of the MySpace.com domain was a site owned by YourZ.com, Inc.[11] It was intended to be a leading online data storage and sharing site up until 2002. By 2004, MySpace and MySpace.com, which existed as a brand associated with YourZ.com,[12][13] had made the transition from a virtual storage site to a social networking site. This is the natural connection to Chris DeWolfe and a friend, who reminded him he had earlier bought the URL domain, MySpace.com, intending it to be used as a web hosting site,[14] since both worked at one time in the virtual data storage business, which itself was a casualty of the "dot bomb" era.Shortly after launching the site, team member Chris DeWolfe suggested that they start charging a fee for the basic MySpace service.[15] Brad Greenspan nixed the idea, believing that keeping MySpace free and open was necessary to make it a large and successful community.[16]
