Silicon Valley can sleep a little easier now that gossip site Valleywag.com is shutting down . . somewhat. It’s not completely shutting down, just moving to gawker.com and having one writer.
I love Owen, but he has trouble writing in English during a crisis. So here’s the basics on what’s happening at Valleywag:
– Some guy named Denton can’t figure out how to sell ads on Valleywag.
– So he’s going to sneak Valleywag posts onto Gawker.com, where Ketel One is happy to buy banners.
– Valleywag.com the URL will still work. Valleywag’s RSS feed will still work. You will not have to go to Gawker.com to read Valleywag stories.
– In 2009, Owen will be posting full-time, maybe 6-12 posts per day. Everyone else is fired.
Blame it on the slowing economy? Probably. Blame it on the fact that companies won’t buy ads on a gossip site that will trash the advertiser and no one outside San Francisco reads Valleywag? Bingo!