The incident occurred when Anderson Tweeted about Instagram's updated Terms of Service, according to
Huffington Post. Anderson said that it was ridiculous for users to fear the upcoming changes. A Twitter user replied to this and Anderson quickly replied back to the comment.
According to
SFGate, the Twitter user said "says the guy who couldn't keep a social networking site alive." Anderson replied back says the guy who sold Myspace in 2005 for $580 million while you slave away hoping for a half-day off."
According to
International Business Times, Anderson's Tweet was re-tweeted over 8,000 times and favored more than 5,000 times all within 12 hours.
Another Twitter user decided to ask Anderson how much money he had leftover from the sale of Myspace, and Anderson responded and said that he has more money now because he invested some of the cash.