Blognation in shut down mode

blognation.gifBlognation, Sam Sethi’s answer to TC is shutting down as of last night. According to this article, it appears the official announcement isn’t anywhere but insider information.

Speaking of assholes, I couldn’t let this go without a mention of Sam Sethi. He provided last year’s entertainment at LeWeb and earned an ‘assholing’ from Loic LeMeur. If Sam shows up this year then I suspect others will have more to say about the latest shenanigans. (listen to MP3 at the bottom of this post.)

Debi Jones also has a few comments about this.

Sam Sethi has thrown in the towel. There’s no place to take Blognation given the reality of zero funding and mounting debt. No bills were paid and the train wreck has run over Sethi. He announced today that he will not continue and steps down from Blognation.

Technically Speaking, I’m sure we will hear more throughout the day on this issue. Maybe Sam himself will stop by to leave a comment. Maybe it’s time Rex Dixon hooked up with some of these people and did a version of Blognation that works. Ah, only thing – I have no time to do that, but would be willing to be on the board of directors of the new company. sexy corsets

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