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gnulaw (50.22)

Is SourceForge nka Geeknet (LNUX) About to Blow it a Second* (Third) Time in its Ten Year History?

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April 23, 2010 – Comments (10) | RELATED TICKERS: GKNT , BBY , AMZN

[CORRECTION] The second time was when silicon valley web 2.0 startup, digg.com, blindsided Dexter/Holland, Michigan's slashdot founders...

 

[UPDATE1] What happened to Slashdot? (originally published February 7, 2010)

Slashdot fumbles...digg.com, web 2.0 recovers...Arguably the greatest story never told...What happened? Who was asleep at the wheel? The future was literally stolen from Slashdot by the present...by smarter, more passionate futurists/technologists as it was being hailed as the future of media...

What happened to Slashdot? Slashdot appears to have not evolved as a competitive Web 2.0 entity viz-a-viz digg, twitter, facebook, et al. This is arguably symptomatic of a lack of common, focused passion and intellectual/technical bandwidth across Geeknet.

"...The Slashdot Effect - I recall times when my articles got slashdotted (a verb contributed to the English language like Googled). You would see several hundred thousand hits. Now one is lucky to see a few thousand. Either the Linux readers have been overwhelmed by the Microsoft web site killers or the articles just don't interest the Free Software Crowd. You should look at the comparison of Slashdot to Digg. You can find an Alexa chart comparing the two sites at this hyperlink. Notice how Digg came out of nowhere to challenge Slashdot. Digg is rated the 439th most trafficed web site on the Internet. Slashdot is ranked 265..." - (March 12, 2006)(1.)

Is Slashdot the future of media? On February 10, 2006, Sr. Editor Fortune, David Kirkpatrick, wrote "...If you want to see the future of media, go to Slashdot.org.

Two things distinguish it -- it's the most popular news and information site with the tech cognoscenti, particularly programmers and engineers. And all of its content is created by its users. They submit about 700 stories per day, which staff editors vet and reduce down to the 30-35 that get published. Of the site's 5.5 million(2.) unique visitors per month, about 25 percent post comments about those stories...Says Valerie Williamson, vice president for marketing at OSTG, the open source technology group, which operates Slashdot: "Everybody's talking about the participation age, but we've been living it for eight years." Slashdot was started by  two guys in Holland, Michigan in 1998 as what would now be called a blog...

General manager Jay Seimarco says that with upcoming search and other improvements, "we could see an explosion in what's already tremendous traffic."

Open source

But let's go back to examining Slashdot, because as a journalist it especially fascinates me. What it seems to represent is essentially open-source journalism. People fight to make their submission the one out of those 700 each day that will make it to the front page with a byline. "The ego value of that is huge," says Jeff Bates, OSTG's vice president of editorial operations and one of Slashdot's two co-founders.

Creating something of tremendous widespread utility for the ego value is a new phenomenon in contemporary business. It's part of what motivates open-source software programmers. As a well-paid professional journalist, when I hear that ego alone motivates contributors to a news site with 5.5 million(2.) unique visitors a month, I find it a bit unnerving, but unquestionably exciting.

Two weeks ago, Bates and crew introduced a new look to the site and improved its software. Traffic is up significantly. But he wants to increase the percentage of visitors who comment to at least 50 percent.

"Just wait until we rewrite the moderation system," Bates says. 'It's going to be sexy.'..." Source: Fortune, February 2006.

Note: Certain hyperlinks were added/updated to the above article e.g. for "Bates", "Jay Seirmarco", "two guys" and were not included with the original article.


/s/chaosUnplugged, Motley Fool #1 Leader, Red Hat (RHT) and Citrix (CTXS) picks.  

 

(1.) Fast forward to April 22, 2010. Digg.com's Alex.com traffic ranking on 4/22/2010 was 110. Slashdot's was 2,268. - (Source: Alexa.com, April 22, 2010). 

(2.) Slashdot's numbers per Geeknet as of April 23, 2010 at Geek.net are "4 Million Monthly Unique Visitors".

 

References:

*(April 18, 2010)  Is SourceForge nka Geeknet (LNUX) About to Blow it a Second Time in its Ten Year History?

(February 10, 2006) Is Slashdot the future of media? Source: David Kirkpatrick, Sr. Editor, Fortune Magazine

(March 12, 2006) What Happened to Slashdot? Source: tadelste, LXer

 

10 Comments – Post Your Own

#1) On April 23, 2010 at 12:02 PM, gnulaw (50.22) wrote:

Rob "CmdrTaco" Malda, Jeff "Hemos" Bates. Figments of their imagination? Legends in their own mind? Or on the comeback?

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#2) On April 23, 2010 at 12:35 PM, gnulaw (50.22) wrote:

Slashdot (Black Knight) to Digg (King Arthur): "Come back here and I'll bite you to death!

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#3) On April 25, 2010 at 7:44 AM, gnulaw (50.22) wrote:

[Correction] 

Slashdot (Black Knight) to Digg (King Arthur): "Come back here and take what's coming to you! I'll bite your legs off!

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#4) On April 25, 2010 at 8:01 AM, gnulaw (50.22) wrote:

 

[Correction] 

Slashdot (Black Knight) to Digg (King Arthur)"Come back here and take what's coming to you! I'll bite your legs off!

 

 

 

 

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#5) On May 19, 2010 at 10:53 AM, gnulaw (50.22) wrote:

Slashdot uniques drop to 3.5 million/mo (from 5.5M, Feb 2006).  Source: Geeknet, March 2010 http://Geek.net/our-network/slashdot/

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#6) On May 29, 2010 at 9:38 AM, gnulaw (50.22) wrote:

"Woah. The New Digg Is Twitter Revamped for News". Slashdot Nemesis Digg Reinvents itself...again.

 

Slashdot Nemesis Digg Reinvents itself...again.

You may or may not have just watched the video tour of the new Digg v4 . If you were watching carefully, it's likely you probably spotted a number of similarities to the much beloved Twitter...

Source: glynmoody 29 May 2010

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#7) On May 29, 2010 at 10:45 AM, gnulaw (50.22) wrote:

 

Slashdot loses 2 million (36.4%) uniques since 2006 down to 3.5M. Slashdot is bleeding relevancy. Geeknet is bleeding cash, wall street analysts, shareholder value.

Kevin Rose...its all about DiggScott Kauffman, it's all about Scott

Geeknetthe face of shareholder value destruction.


 

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#8) On May 29, 2010 at 11:01 AM, gnulaw (50.22) wrote:

 

>>Scott Kauffman, it's all about Scott

 

Our CEO at ad:tech And now a word from our sponsor. Scott throws this on Geeknet's main site. [8:35/10:40] the podium begins to disintegrate and Scott continues on while the audience has now fixed [all] of its attention on the podium disintegrating...contemporaneous with Geeknet (LNUX)s non-insider shareholders fixing their attention on Geeknet (LNUX)s shareholder value destruction.

 

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#9) On June 06, 2010 at 3:57 PM, gnulaw (50.22) wrote:

See The Guardian, Thursday 12 January 2006 "Will Slashdot be overtaken by Digg?"

"...The idea that the "News for nerds" site at slashdot.org could be usurped by a technology news site that has only been around for about a year would have seemed laughable - a year ago. But in a blog post (tinyurl.com/axcl8) this week, Jeremy Zawodny, a respected engineer at Yahoo, noted that according to the Alexa traffic-tracking system, the number visiting digg.com is approaching that of Slashdot. He adds that "2006 will be the year the once-great Slashdot dies".

He's not predicting the imminent disappearance of the site that lent its name to the process by which half a million readers descend on a site, usually prompting the server to crash, creating the phrase: "You've been Slashdotted".

"Slashdot will take years to die," he says. But he thinks sites such as Digg and Reddit offer something Slashdot can't: the ability for readers collectively to pick stories they think are interesting, generating a community feel and a sense of power. At Slashdot, started in 1997, stories are chosen by a team of editors...Nobody in the geekerati seems ready to defend Slashdot. Steve Mallett, founder and managing editor of OSDir.com, the open source news site, commented: "Good riddance... I was a faithful user, but Digg has everything right that Slashdot has had wrong." He also forecasts tough times for many editorially top-down websites...

Source: http://www.guardian.co.uk/technology/2006/jan/12/guardianweeklytechnologysection1

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#10) On June 06, 2010 at 8:03 PM, gnulaw (50.22) wrote:

>>Nobody in the geekerati seems ready to defend Slashdot. Steve Mallett, founder and managing editor of OSDir.com, the open source news site, commented: "Good riddance... I was a faithful user, but Digg has everything right that Slashdot has had wrong." He also forecasts tough times for many editorially top-down websites...

 

OSDir.com Alexa stats: http://www.alexa.com/siteinfo/osdir.com#

OSDir.com http://osdir.com/index.php

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