Gawker media shuts down ValleyWag, according to CNET.
“A recession seems like a great time to be running a gossip blog about the tech business, given all the juicy photos of sad, laid-off employees and rumors of badly-behaved CEOs mismanaging their companies that inevitably fly around. But the reason for Valleywag’s shutdown was Denton’s notoriously doom-and-gloom vision of the future — Internet ad spending will decline a full 40 percent, he predicts — and Valleywag was one of the company’s underperforming titles.”
Sure, you guys were trouble makers that played fast and loose with the facts, but I’ll miss you. As a final tribute, a Battelle Salute from the team at ChasNote.
Photo: Friend of FM Marcia Simmons captured by ValleyWag photographer at Conversational Marketing Summit after-party, September 2007.
