Will Geeknet (LNUX)s slashdot.org, SourceForge.net, and ohloh.net be Donated Away Like Tesla's Sobel did with Linux.com?
The big question regarding the Motley Fool blog subject: Tesla Motors' Jonathan Sobel. What Exactly Did He Do For/To Geeknet (LNUX) Before Abruptly Jumping Ship to Tesla? is: Will sourceforge.net, slashdot.org, ohloh.net, and freshmeat.net go the way of Linux.com? (see Tesla Motors' Jonathan Sobel blog footnotes 1,2,3,4) given Geeknet management has consistently and incomprehensibly failed in not only not creating shareholder value from these hugely (1.) substantive assets (2.) but Sobel and the Geeknet (LNUX) Management (excluding Caroline Offutt) and Board have actually destroyed LNUX shareholder value (3.).
/s/chaosUnplugged, Shareholder Value Activists, Of the Shareholders, By the Shareholders, For the Shareholders (sm), (tm), (c) copyright 1996-2010 gnulaw.org. All Rights Reserved. #1 Motley Fool Score Leader Motley Fool Red Hat Pick.
(1). SourceForge.net statistics: 33 million monthly unique visitors, 103 million page views per month, 2.8 million downloads daily, 2.2 million registered users
(2). SourceForge.net World Alexa Traffic Rankings Note: SourceForge.net's rankings within the BRIC nations (bolded below). digg.com cannot even boast this accomplishment and they have been valued at $100 - $250M. Geeknet's valuation as of 12/31's close is $71.97 million (including ThinkGeek) ?!#%.
How Sourceforge.net is ranked around the world (1/2/10):
86 South Africa
176 United Kingdom
182 South Korea
235 United States
525 Saudi Arabia
SourceForge (LNUX) Changes Name and Announces Launch of Geeknet, Negative Earnings Surprise
Shareholders vote with their $. Geeknet (LNUX) Downgraded, Shares Sink Further Below Liquidation Value.
Geeknet (LNUX) Q4 Ending December 31st 2009 Guidance, Cash Burn, Q2 Actuals ending Jan 31, 2009, and What Really Needs to Happen [Now].
Disclosure: This post first appeared substantially as a comment but the author felt this subject is too important in the pursuit of exposing failures in maximizing insider and non-insider shareholder value.