Wednesday, March 11, 2015

Goodbye Gigaom

This past Monday, GigaOm announced that all operations have ceased.  A tech news powerhouse, GigaOm is a global voice on emerging technologies.  Founded in 2006 by tech blogger Om Malik, the company started out as a side project growing to a company valuation of $30 million in just six years and then shut down in the past two days.  Here's what they had to say to their readers:

What happened?  Was it because they decided to move to a subscription base revenue model in 2008, was it because other blogs like Reddit, Mashable, TechCrunch and Business Insider were ahead or was it because the company was mismanaged?  It could be for all, some or none of these reasons.  A lot of writers have shared their opinion, what's yours?

Tech Blog GigaOm Abruptly Shuts Down by NYTimes

GigaOm Was Universally Respected. Too Bad Respect Doesn’t Pay the Bills by Slate

Farewell, GigaOm: Tech news powerhouse shutting down by Mashable

GigaOm And The Death Of Editorial by Forbes

Pioneering tech blog Gigaom shuts down after running out of money by The Verge

And the last writer who shared his thoughts on the subject matter, founder Om Malik.  Although this blog post doesn't share any details on what he thinks caused this, it definitely demonstrates his passion and commitment to the company.

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