Insomnia (insomnia) wrote,
Insomnia
insomnia

LiveJournal's worst case scenario that nobody's mentioning...

The economy continues to struggle, Six Apart and its 70+ paid employees never achieve a profit -- like most dotcoms -- and they go under, taking LiveJournal with them.

LiveJournal may not have been as big as Six Apart, but one thing they were was financially secure and completely self-funded... unlike SixApart, which has yet to make a single penny's worth of profit.

And it's not just an issue of whether they make money or not. They can go under because of lawsuits. They can go under because Google drops a hundred million on Blogger developers and forces Six Apart to try to keep up. They can go under because a prominent investor gets upset. They can go under because somebody important dies or decides they want out. They could go under for a million reasons.

Anyone want to take a stab at what percent of dotcoms go bust? Anyone?!

Journal roulette!
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 14 comments