SO.. LIVEJOURNAL MIGHT DIE.

Jan 06, 2009 16:09

My coworker passed this on to me:

http://valleywag.gawker.com/5124184/the-russian-bear-slashes-a-social-network#viewcomments

"The bubble in social networking has burst, decisively. LiveJournal, the San Francisco-based arm of Sup, a Russian Internet startup, has cut 12 of 28 U.S. employees - and offered them no severance, we're told."

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Comments 3

dojothemouse January 7 2009, 00:32:28 UTC
I am pretty sure we can just rest assured that they will use cheap Russian programmers rather than expensive American ones.

They'll start trying to milk the userbase for $$ way before they fold up for reals.

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ohreallymetoo January 7 2009, 16:13:58 UTC
OH GOD!

I don't know what I would do without LJ. My life is in here. I write about things and stuff. Most of it is nonsense, but it's meaningful drivel to me! This is free for me too. GET SOME CHEAP RUSSIANS TO WORK FOR YOU JUST LET ME KEEP MY LJ!!! I'LL PAY YOU!

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new_recluse January 7 2009, 18:39:31 UTC

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