I would agree - however, it seems like Google is in a position where their algorithm doesn't necessarily have to be good, just good enough. And good enough basically means they don't torch any high-profile sites that would begin to make the public question whether or not Google is still the best search engine. Unfortunately, this means that many smaller businesses might get thrown out with the bathwater :(
Part of me thinks it was my own disgust in the model that made the New Yorker article feel it was a negative take on the clickbait industry. That was an ironic feeling, given the context. The portions of the story where it discusses his family life, and the glorification of this person's intelligence... they felt borderline satirical but probably only because I want it to be pointed satire. The 22 year-old former Syracuse student, for instance, quoting Uncle Ben rather than a more auspicious figure (Jesus, Roosevelt) with the same basic quote... It just felt like the Twilight Zone.
I hope that this parasitic method of generating ad revenue with meaningless content languishes rather than flourishes.
I think it's safe to say that's the answer - SpotHero is doing quite well and just raised a $4.5M series A, GiveForward as mentioned has crowdfunded a good amount of money for people's medical bills, and FeeFighters sold to groupon relatively early on. None of these are "breakout successes" to the tune of a 100M valuation, however.
It has tripled in the past three years, so that seems unlikely given there is no Ask / AOL growth.
Maybe it is YouTube payments. There is talk about YouTube Revenue being $3.5B and I assume that started from nothing about three years ago. I assume about 1/2 of YouTube revenue goes to the content creators.
I wouldn't say this drop in unique linking domains says a whole lot about the fall of valleywag - what domains dropped off, and at what rate? Is it just because of a certain story thread acquiring huge waves of links across other gawker networks or other blogs responding to topics and linking in the course of discussion?
My guess would be that gawker pushed some of their partners/syndicates toward other more profitable Gawker properties once VW got rolling and it was clear how much traffic/revenue they could expect from the current valleywag style & audience.
Were other gawker properties launched at the time of this drop?
Most attorneys will advise clients not to make public statements until a matter has been resolved formally. Where appropriate, public statements are generally very direct and avoid detail.
I am skeptical that an attorney blessed statements like "we were fully cleared of all accusations of harassment" and "we learned that, despite, being found not guilty of the harassment accusations." These statements, particularly "found not guilty", would be appropriate following a favorable resolution of a civil or criminal matter. In my opinion they are absolutely not appropriate following the completion of a third party investigation initiated by a company. Such investigations are a standard part of the pre-litigation process; they do not eliminate the threat of litigation and they do not guarantee a successful defense.
I am even more skeptical that this statement was coordinated with counsel because it contains information that could be used to support other claims against the company. The statement gives credence to the idea that some employees may have felt pressured by a superior's spouse. There are a variety of causes of actions under which such an admission could be beneficial to a plaintiff's claims and these statements could conceivably be useful to other employees if they are considering the pursuit of unrelated actions.
Might it be that defunkt said what lawyers would like him to say and that mojombo and his wife didn't? Did you see anything major that defunkt said in those two blog posts that a lawyer would find fault with?
It seems like defunkt may have watched mojombo and his wife do a few things that he'd rather they didn't do. Maybe he was frustrated and talked to their investor about it and they didn't like the situation either, and long story short, mojombo resigned. I imagine this might be hard for their friendship (which I hear is legendary despite their differences) but hopefully they'll overcome it.
Even though I'm no longer a practicing attorney I prefer not to speculate. I can only state that I have watched this situation with interest and am amazed at how poorly both sides have handled the matter. I do not see the fingerprints of competent counsel in the actions of either side.
Frankly I was blown away a little while ago when I first used the new search, it's lightning fast and really finds whatever you're searching for. I'd really love to know more about the infrastructure behind.