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March 13, 2015

On the Gigaom Shutdown: Speculation and Reactions

On the first day of this work week, the tech community was met with the sad news that the highly respected site Gigaom has shut down due to its inability to pay its creditors. In short, it has gone bankrupt.

gigaom shutdown
Source

The official statement released:

A brief note on our company

Gigaom recently became unable to pay its creditors in full at this time. As a result, the company is working with its creditors that have rights to all of the company’s assets as their collateral. All operations have ceased. We do not know at this time what the lenders intend to do with the assets or if there will be any future operations using those assets. The company does not currently intend to file bankruptcy. We would like to take a moment and thank our readers and our community for supporting us all along.

— Gigaom management

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June 9, 2009

Mashable The New Tech Blog #1, Passes TechCrunch

Is this news? Not really, but I find it interesting to see that Silicon Alley Insider is reporting that Mashable now has passed TechCrunch, according to Compete.com. Complete with graph and everything. But is traffic everything? Of course not, new startups still dream of being featured on TechCrunch, and I bet they’d still prefer that to Mashable. Actually, I think the two blogs are so different that the whole comparison is a bit flawed.

But again, isn’t it interesting that a third blog (SAI) is comparing two other blogs to each other, and writes about it? Almost makes the blogosphere echo chamber debate seem motivated again.

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