Gigaom Shutting Down

Om Malik:

Gigaom is winding down and its assets are now controlled by the company’s lenders. It is not how you want the story of a company you founded to end.

Every founder starts on a path — hopeful and optimistic, full of desire to build something that helps change the world for the better, reshape an industry and hopefully become independent, both metaphorically and financially. Business, much like life, is not a movie and not everyone gets to have a story book ending.

This surprised me. Then I thought about it, searched my entries in Movable Type, and realized I’ve only linked to Gigaom once in the last six months, and four times in the last 12 months. I used to link to reporting at Gigaom a couple of times every month. They’ve been going downhill for a while.

★ Monday, 9 March 2015