Hackaday For Sale, Editors Seek Crowd Funding To Buy It 62
ilikenwf writes "Hackaday's owner, Jason Calacanis, has decided to sell the popular hacking/modding site for around $540,000. Multiple parties are interested; the most promising buyer at the moment appears to be the current editors, who are attempting to buy the site via crowdsourcing and incorporate it under a nonprofit to keep the hacks flowing. One way or another, the site should survive."
One fan's view point (Score:5, Interesting)
I've read hackaday for years.
A couple weeks ago on July 1st, Caleb Kraft announced he was leaving [hackaday.com] and the site went for sale on the same day [hackaday.com].
This was kinda suspicious for both things to happen at the same time especially because Caleb never explained why he left. HOWEVER, Caleb has posted to his personal site [calebkraft.com] that he's started a new job at EETimes.com. Not sure why that was worth keeping secret.
Still, the whole thing feels like the current owner is holding the site for ransom. The way it is being explained is that the profits from hackaday are being poured into other weblogs, but if this campaign is successful, a non-profit will be formed and advertising profits will be poured back into the site.
I don't understand why they don't just buy a new domain. The freakin site is made with wordpress, who cares, the community can migrate.