Check out MySpace Loses a Co-President(from Mashable!:
** "Space has announced that Co-President Jason Hirschorn has decided to leave the company, marking the exit of yet another top-level executive from the declining social network." (from: **MySpace Loses a Co-President)

Don’t we know by now that co-presidents don’t work? We used to call it ‘two in a box’ and it was never a success. By the way, MySpace? They still around?