*** UPDATE AS OF MAY 26 ***
The information below is no longer current. See this post for a current update.
A brief note on our company
Gigaom recently became unable to pay its creditors in full at this time. As a result, the company is working with its creditors that have rights to all of the company’s assets as their collateral. All operations have ceased. We do not know at this time what the lenders intend to do with the assets or if there will be any future operations using those assets. The company does not currently intend to file bankruptcy. We would like to take a moment and thank our readers and our community for supporting us all along.
— Gigaom management
We’ll miss you. You were really the only general tech news outlet that had high quality coverage of AWS and its competitors.
It is a sad day for the tech news world.
Will an archive of Gigaom’s articles be made available somewhere? If Wikipedia and TPB can pull it off, so can you!
Good.
very sorry to here if you need any help frm us just let me know
Founder & CEO
http://www.todayallbreakingnews.com
Sad news indeed.
Yusuf
https://tringme.com
Kudos. I have learnt many new things from your articles and resources.Thank you Gigaom Team.God Bless.
i did too!
I am sorry to hear of your travails as I’ve consistently been impressed with your rigor and passion and results. Wishing you all the best for resolving/pivoting as needed.
I know this wont get posted but I remember telling some friends that when Om left that he was basically cashing out. I don’t mean this as an insult but thats just the kind of guy he is. Everybody knew, even Leo LaPorte did & he’s too scared to criticize almost anybody.
On the business side, the tech blogosphere full of people who cant make it elsewhere. I find it hard to believe that the writers didnt know it was in trouble. Honestly though I expected it to last longer than just a year.
GigaOm gets poor traffic & very few comments, it’s just a very weak community overall. The next 1 to fall is going to be TheVerge, numbers have tanked dramatically & nobody believes in his leadership.
I have learnt a lot from reading your articles, and this is sad to hear. I own a small Dev shop where we build mobile apps and sites. If my team and I can assist (free) in any way, please do let me know, I’d be happy to spare some resources if either the Dev or hosting is an issue, or if there are any ideas on monetizing by providing a mobile app to your readers. The community itself has got be worth something and there is no reason for this site to not work, considering the quality of content that is created here.
Thank you,
Tehsin Bhayani
Founder & CEO
Serind Labs Inc.
http://serindlabs.com
I know there was some business model exploration in subscriptions and events. I’m sad those haven’t grown fast enough to cover costs.
Any word on the March 2015 Structure Data conference later this month?
News about potential buyers?
What happens to the archives?
What happens to the archives of the community conversations?
My understanding is that the March Structure Data conference is cancelled and no refunds will be given on the $300K+ in tickets sold. Where did all the $$$ go?
So sad. One of the first and best.
I AM much stronger because of the wise words I read hear. Thank you for letting us see your reflections. Om will always be a voice of vision to me.
So sad. One of the first and best.
Question would be is why you bring in a CEO to understand the feasibility of business and two months later, closing down shop.
Wow, an end of an era. I’ll miss the great news and analysis. Writers like Kevin Tofel, Matthew Ingram, and Om Malik got me hooked on this site. It became the one blog feed I check above all others. As I read more, others like Stacey Higginbotham, Janko Roettgers, and then later Jeff John Roberts all helped reinforce my impressions of the team. Thank you so much and good luck!
As a fellow tech writer and editor, I’m so sorry to hear this news. Journalism is a tough business these days — but something I hope we can collectively maintain, in one form or another. May you rise again.
Thank you Om & GigaOm. You were the first site to cover a fun spare time project I created while in university in 2005 and I’ve followed you ever since.
I’ve always admired the depth of your reporting. You will be greatly missed.
I’ll be happy to write for free for you. Just leave Om alone!
Wow, that was fast. And sad.
Obama imposes Title II on the Internet, Gigaom goes kaput. Coincidence?
Well, at least it was fun while it lasted. Best of luck to nearly all of you.
Yes, it is. Stop spewing your Fox “News” talking points on a thread that is mourning the loss of a resource.
I never thought I would miss a website so much.
@Danny Brown: now you have a picture of the potential burn rate of a media organization. Reporting news costs money. Always has. Always will.
This is a big bummer to me – I’ve always love how shockingly fast you come out with usable content, lots of integrity at GigaOm. Hope you work out what you can and can keep operating. Thanks for doing what you do.
The new media is facing the same disruptive forces as the old media…
I’m sorry to hear this about GigaOm but clearly, there is as yet, no business model for media, especially media that cares about details and accuracy. Matthew Ingram should have seen this one coming.
Very sad to hear… We’ll miss you guys : (
There is something seriously wrong in this world if sites like GigaOm are shut down and Buzzfeed and Upworthy thrive. This is not a WWW I want to be in :(
Upworthy has good messages, but buzz feed is filled with gifs explaining how big sisters in college fall in love with the most simple guy… Blah blah. Sex in the city.
I have always appreciated the integrity of your work. All the best.
This is a huge bummer. I hope you guys are able to sort out this situation and get back to being the site we all know and love.
Wishing the team the best on their future endeavors. You wrote amazing content and it will be greatly missed.
I guess $8 million doesn’t last much more than 12 months?
https://gigaom.com/2014/02/20/now-that-gigaom-is-all-grown-up-its-time-for-the-next-chapter/