[6] DeWolfe conceived Myspace while taking a course titled "The Impact of Tech on Media and Entertainment" during the final year of his MBA program.

In the final project for his class, DeWolfe created "Sitegeist", which had elements of Citysearch and Match.com mixed with instant messaging.

[12] On April 22, 2009, News Corporation announced that DeWolfe would step down as CEO to become a strategic adviser and serve on the board of Myspace China.

Its games, which include Harry Potter: Hogwarts Mystery, Cookie Jam, Panda Pop, Disney Emoji Blitz, and Family Guy: The Quest for Stuff, have been downloaded 1.3 billion times and Jam City reached a deal to become a public company through a merger with DPCM Capital Inc., with a $1.2 billion valuation.

[18] In 2007, he was chosen by Barbara Walters as one of her 10 most fascinating people[19] and he won the Producers Guild of America's Vanguard Award in 2009.