Edgeio Goes Kaput
Edgeio, a company which I was following somewhat is going belly-up. In a blog post on Techcrunch, co-founder Michael Arrington broke the news (before Edgeio strangely enough) much to the expectation of many.
How do you burn through half a million US in a month? I’m currently working on a couple sites, more blog-oriented, and seeing this news is a bit sobering. Time to look at what works and what doesn’t work.
Thanks a lot Edgeio, though. I got a LOT of traffic thanks to this write-up I did. They’ve also garnered more attention on the blog as well. Best of luck to all those involved at the company. Seriously, half a million a month?