Gigaom

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Gigaom
Gigaom Logo
Web address http://gigaom.com
Commercial? Yes
Type of site
Technology news and analysis
Registration None
Available in English
Owner GigaOmniMedia, Inc.
Created by Om Malik and others
Editor Tom Krazit
Launched 2006
Current status Frozen

Gigaom was a blog-related media company started by Om Malik in San Francisco, California. It ceased operating March 9, 2015. [1] The blog offered news, analysis, and opinions on startups, emerging technologies, and other technology related topics. It is listed on CNET's Blog 100 list.[2]

History[edit]

After running his personal blog under the name for several years, Gigaom was founded as a company by Om Malik in 2006.[1] In June 2006, he left his day job to work on Gigaom full-time.[3] The site originally integrated a number of other technology-related blogs and services into its network. In 2011, Gigaom consolidated this network of blogs and rebranded all of them as separate topic channels on gigaom.com, with channels dedicated to technology news, Apple, cleantech, cloud, data, Europe, mobile, and video.[citation needed]

Since 2006, Gigaom has organized technology conferences under the banner Gigaom Events.[4][5] The events division now produces six events annually: Gigaom RoadMap, paidContent Live, Mobilize, and the Structure series (Structure, Structure:Data and Structure:Europe).[6]

In 2008, Malik appointed Paul Walborsky as CEO of the company[7] and in 2009, the company launched GigaOM Pro, a subscription-based technology research service.[8] Walborsky stepped down as CEO in September 2014.[9]

On February 8, 2012, Gigaom acquired PaidContent through the acquisition of ContentNext Media.[10]

On March 9, 2015, Gigaom ceased operations, with a brief note on the website stating that it was shutting down and "its assets are now controlled by the company's lenders." Malik stated that the publication was unable to pay its creditors in full.[1][4] At the time, it had 6.4 million monthly readers.[4]

Shut Down[edit]

The company released an about us page leaving a note behind for its users,

"Gigaom recently became unable to pay its creditors in full at this time. As a result, the company is working with its creditors that have rights to all of the company’s assets as their collateral. All operations have ceased. We do not know at this time what the lenders intend to do with the assets or if there will be any future operations using those assets. The company does not currently intend to file bankruptcy. We would like to take a moment and thank our readers and our community for supporting us all along."

Om Malik's Letter on Shut Down[edit]

Gigaom is winding down and its assets are now controlled by the company’s lenders. It is not how you want the story of a company you founded to end.

Every founder starts on a path — hopeful and optimistic, full of desire to build something that helps change the world for the better, reshape an industry and hopefully become independent, both metaphorically and financially. Business, much like life, is not a movie and not everyone gets to have a story book ending.

There will be time for postmortems, but not today. Today, I want to thank all the people who make (and have helped make) Gigaom. Their role in this journey was what really made it all worth it. They are great people and they will all do great work wherever they go. I want to thank our investors who believed in the business long before it became fashionable. And most importantly, I want to thank you dear readers for coming along on this trip of a lifetime.

I might have left Gigaom, the company, over a year ago, but Gigaom, the idea still lives in my heart.

Goodnight sweetheart, I still love you!


See also[edit]

References[edit]

  1. ^ a b c Chris Taylor, "Farewell, GigaOm: Tech news powerhouse shutting down," Mashable, March 9, 2015.
  2. ^ "Blog 100 Index". CNET. 
  3. ^ "Om money, Om problems". Valleywag. June 13, 2006. Retrieved 2013-07-31. 
  4. ^ a b c Ravi Somaiya, "Tech Blog GigaOm Abruptly Shuts Down," New York Times, March 9, 2015.
  5. ^ "GigaOM's Mobilize 09 - the 100-word version". VentureBeat. September 10, 2009. Retrieved 2009-09-26. 
  6. ^ "GigaOM Events". GigaOM. 
  7. ^ "We Have a New CEO!". GigaOM. Retrieved 2013-07-31. 
  8. ^ "Meet GigaOM Pro, Our Subscription-Only Research Service". GigaOM. Retrieved 2013-07-31. 
  9. ^ Gabriel Kahn, "How Gigaom Built a Media Business Around Free Content," PBS, October 14, 2014.
  10. ^ "GigaOM Acquires paidContent". New York Times. February 8, 2012. Retrieved 2013-07-31. 

External links[edit]