NEWSFLASH: IF I WANT TO READ THE PRESS RELEASE, I DON'T NEED TO READ YOUR BLOG(S).
Sarah Lacy's puff piece on BusinessWeek fawning over Chris Alden reads more like a favor to a friend than hard-hitting journalism by an ostensibly numbers-focused business magazine -- Sarah: where are the #'s? TechCrunch, GigaOm, VentureBeat, BetweenTheLines, PaidContent... wtf? you guys are all just rewriting the press release.
WHERE IS THE FRIGGIN' INVESTIGATIVE JOURNALISM HERE?
Owen? Kara? Buehler? Buehler? Anybody?
Some interesting items to read about, if anyone has the balls / gumption to write a real story:
- what was the LJ sale price? are the Komersant #s accurate or not?
- was the upside on original 6A LJ purchase good, bad, or indifferent?
- what are 6A current financials? profitable or not? trend up or down? (at least speculate... or infer revenue from metrics/gossip?)
- rev $ by property? (MT, Typepad, Vox?) trend up or down?
- market share of 6A vs competitors? how about a graph?
- is 6A being packaged for sale? if so, what would #s need to be?
- how does this relate to Automattic's M&A talks & recent financing?
- why hasn't Yahoo bought 6A already? did they want too much? were #'s ever discussed? (note to owen: assign someone to stalk andrew anker)
- why did Chris Alden take over? what didn't Barak do well?
- is Chris the pretty face for packaging a deal? what / when / who?
i'm not in the journalism business professionally, and my blogging hardly takes the place of real in-depth reporting, but you guys really need to buckle down and earn your keep.
this is a big, meaty topic... 6A has been in orbit around other big players for a couple of years now. SOMEONE should be telling this story, instead of simply reporting a one-off sale or the latest social networking feature release. SixApart is a REAL company with REAL revenues, and sometime in the last 2 years they either should have been bought, merged, or put down a big footprint with a significant strategy for growth & expansion. Yahoo is a natural fit / acquirer, particularly after the Facebook non-purchase fiasco & the astonishing lack of impact by any Yahoo social media initiatives over the past 3 years (other acquisitions like Flickr excepted). the fact that SixApart hasn't been bought yet is the elephant in the room, not this other bullshit about selling LJ.
first blog / reporter who actually does a little digging and writes a real story gets a gold fucking star.