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Whatever happened to Juicy Campus?
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The sour economy has now done what student governments and university administrations have never been able to fully do: Kill Juicy Campus, the much-maligned college gossip site. The Georgetown Voice is the first on the scene, but I'm sure many more students and college newspapers will display varying levels of joy and relief. Juicy Campus's Matt Ivester writes in a press release:
In these historically difficult economic times, online ad revenue has plummeted and venture capital funding has dissolved. JuicyCampus' exponential growth outpaced our ability to muster the resources needed to survive this economic downturn, and as a result, we are closing down the site as of Feb. 5, 2009.
In these historically difficult economic times, online ad revenue has plummeted and venture capital funding has dissolved. JuicyCampus' exponential growth outpaced our ability to muster the resources needed to survive this economic downturn, and as a result, we are closing down the site as of Feb. 5, 2009.
Voted as best: cjd
A blog post by its founder and CEO, Matt Ivester, the site closed down on February 5th, 2009.
The reason for shutting down the site is due to
-- quote --
online ad revenue has plummeted and venture capital funding has dissolved.
-- end quote --
The reason for shutting down the site is due to
-- quote --
online ad revenue has plummeted and venture capital funding has dissolved.
-- end quote --
source(s):
http://www.mahalo.com/Juicy_Campus
http://juicycampus.blogspot.com/2009/02/juicy-shutdown.html
http://www.mahalo.com/Juicy_Campus
http://juicycampus.blogspot.com/2009/02/juicy-shutdown.html
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