MySpace was the social network before Facebook, just like Yahoo was the search engine before Google.
Ex-COO Amit Kapur joined MySpace when it was just a startup, stayed until after it was bought by News Corp for $580 million in 2005, then moved on.
Since 2009, he's worked on his new startup, Gravity. Gravity helps websites like the Wall Street Journal match content with visitor's interest.
Kapur understands the threats to Facebook as it goes public. He talked with Business Insider about the lessons he learned from MySpace and shared this advice for Facebook: