Michael Jones (Internet entrepreneur)

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Michael Jones
Mike Jones high res headshot.jpg
Born United States
Nationality American
Occupation Internet entrepreneur

Michael Jones is an Internet entrepreneur and investor. He has founded, built and sold numerous online and mobile businesses.

In November 2011, Jones launched technology startup studio Science Inc. in Los Angeles.[1] Science initially received $10 million in backing from a number of well-known investors, including Eric Schmidt’s Tomorrow Ventures, Rustic Canyon, White Star Capital, The Social+Capital Partnership, Jean-Marie Messier, Philippe Camus, Jonathan Miller and Dennis Phelps. Most recently, Science raised $30M in funding from Hearst Ventures, the investment arm of media giant Hearst Corporation. Privately held Hearst was the sole investor in the new funding.[2]

Prior to Science Inc., Jones served as the CEO of Myspace[3] and prior to that was co-president of the company along with Jason Hirschhorn.[4] In this role, Michael oversaw global business strategy and operations for Myspace, Myspace Music, and Myspace Mobile, which included board and strategic roles with joint venture partners in Myspace China and Myspace Japan / Softbank.[5] During his tenure, he was responsible for the relaunch of Myspace, one of the most high-profile turn-around challenges in the industry. [6]This included stabilizing a historically negative traffic and user trend, reducing the operational cost of the business by nearly 90 percent and pivoting the product from its legacy as a social network to a social entertainment destination, then selling the business on NewsCorp behalf to SpecificMedia. [7]

Jones has founded, advised, invested and sold numerous businesses, including application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media, Movoxx, PeopleMedia, Brizzly and Myspace.[8]

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