Or we could setup a free wordpress site and spread the word that the new Hackaday is at newsite.com, and not completely waste $540,000. What a disgrace.
10 years worth of articles have value, I bet 80% of their monthly traffic comes from search engine. No amount of opening up a new free hosted wordpress blog and calling it the new hackaday is going to change that.
You might not see value in it, but I wouldn't be too surprised if some big blog network snaps up hackaday soon.
With a little bit care you can make some serious money with that much traffic, even if most of the traffic is tech savvy and some of them might use adblock and generally immune to traditional ads.
Jason Calacanis want to sell Hack a day, if all editor decide to quit and abandon him, they are acting against him... it's a owner but I guess it's also a friend. It's also the one that invested in that project, that believed in them...
Would you do that with a friend? Start a business with him and then years later, when he decide to sell his part, you just flee and start from another name, avoiding to buy his part?
If he no longer wants to take part in it (it sounds like he already isn't) then I see nothing wrong with the others splitting off and doing their own thing.
The impression I get is that the people behind this project (raising the money) are the ones doing the hard work anyway -- they are the ones who should be rewarded, IMO.
Edit: I was gonna throw $25 their way just for the hell of it. I don't visit the site so, in all honesty, it doesn't matter to me if they reach their goal or not. I was feeling nice, though, and then, as I'm skimming over the page, I see that anyone who gives < $100 is apparently a "tightwad".
I'm keeping my $25 and I'm going to spend it on myself instead. If they want to keep their web site going they can follow joonix's suggestion: https://news.ycombinator.com/item?id=6045796.