HummersHummings ([info]humrhums) wrote,
@ 2009-01-06 15:31:00
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From LJ's A day in the life
Your Friendly Neighbourhood Heresiarch (adayinthelife) wrote,
@ 2009-01-06 12:17:00


Entry tags: anarchy, economic democracy
seizing the means of information for the end users
http://community.livejournal.com/ljuser_buyout/

Once upon a time, Brad Fitz sold LJ to SixApart, which then promptly sold it again to Sup for $30 million.

Sup, in the meantime, has had difficulty making a profit on LJ and now seems to think the whole deal was a loser. They recently fired 20 of LJ's 28 employees, leaving only a caretaker financial staff with little or no technical expertise. It turns out to be very difficult to make money on a network and blog site like LJ.

Which means LJ will languish and wither for lack of support, or be sold off to somebody else to see if they can make a go of it.

But what if a million or two LJ users got together and pitched in to create a not-for-profit foundation to buy LJ back and run it for the benefit of its users?

This community now exists as a rallying point for the organization of exactly such an effort.

Welcome. If you are interested in joining us in planning, organizing, and effecting a user buyout of LiveJournal, please join us.


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