June 6, 2006

Pubsub Implosion

Michael Arrington

54 comments »

Blog search engine PubSub had massive layoffs today after last minute merger discussions with knownow fell apart. It looks like a shutdown is imminent.

Pubsub ousted founding CEO Salim Ismail in March after losing a power struggle with co-founder Bob Wyman. Constantine Gus Spathis took over as CEO before Salim’s announced departure.

Update: I made some corrections to the above post after Bob Wyman responded by comment below.

  • Sphere It

Trackbacks/Pings (Trackback URL)

  1. duncanriley.com » PubSub in deep….you know what
  2. Business blog consultant, blog consulting, business blogging, blog marketing: Radiant Marketing Group » PubSub Shutting Down Says TechCrunch
  3. Dave Burke : Mark of the Beast Smatterings for 06/06/06
  4. » Will PubSub soon be sleeping with the fishes? The Blog Herald: more blog news more often
  5. Inspirational Technology » Blog Archive » Pubsub implosion
  6. Graham English's Integral Conversations
  7. VC Ratings
  8. Make You Go Hmm: » “Massive layoffs at PubSub … shutdown is imminent” says TechCrunch
  9. ..
  10. links for 2006-06-08 | BiZwiKi.CN - 喧闹 PK 噪音
  11. VentureWeek » VentureWeek - Two Weeks Ending 6/11/06
  12. PubSub Implosion at The Progress Bar
  13. Life is grand » PubSub !imploding
  14. As I May Think...
  15. TechCrunch » Blog Archive » PubSub Co-Founder Takes The Gloves Off, Digs Hole
  16. My blog of HR, and technology stuff » Blog Archive » The sinking sub
  17. This week on web 2.0 || kosmar || Blog
  18. TechCrunch Japanese アーカイブ » PubSub 共同ファウンダー敢然と当てこすり
  19. Web 2.0 - Что нового? Новости интернет проектов » Сооснователь PubSub критикует другого сооснователя…
  20. Kevin Harder : PubSub and Blog Pings
  21. linguify » Blog Archive » Is Search Solved?
  22. World News » Blog Archive » Web 2.0 Victim Or Syndication Victim?
  23. PubSub Search Down; PubSub Too? -Simple Thoughts - Java and Web Technology Blog
  24. PubSub Search Down; PubSub Too? -Simple Thoughts - Java and Web Technology Blog
  25. PubSub Facing Closure? | Marketing Pilgrim
  26. Techcrunch » Blog Archive » The LaunchPad 13 at Web 2.0 Summit
  27. PubSub: They’re Baaaaack

Comments

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  1. Pete Cashmore

    Sounds likely. They’ve been struggling for a while.

  2. Dylan Greene

    The confusing workflow and UI hasn’t been improved for over a year.

    I had to unsubscribe from my searches because most of the matches were spam blogs. Yuck…

  3. Art Goss

    Wow, your website has so many ads now!

  4. Hope Leman

    Hope Steven Cohen willcome out of it okay. He is a bang-up speaker and his blog, Library Stuff, is outstanding and has greatly benefitted the library community.

    I never got much good out of PubSub. Confusing interface and the results were nearly useless.

  5. Bob Wyman

    Mike: For now, just a few factual corrections:

    1) No PubSub payrolls have been missed. We paid our full payroll on May 30th as is normally the case.
    2) Gus replaced Salim as CEO of PubSub back in October, 2005. Salim didn’t resign from the board until January and didn’t leave the company until February. Thus, Gus Spathis replaced Salim as CEO long before “Salim’s departure.”

    bob wyman

  6. RBA

    I joined PubSub, I used it, I wanted to, it was aimed to solve a problem I felt I had… Then it failed miserably to deliver in all counts.

    That doesn’t mean it cannot improve in the future, but dissatified users are the hardest to earn back. Usually it is a lot easier (and cheaper) for a business to focus on acquiring new customers than trying to earn the love back from those who once were.

    I think that may have to do with PubSub’s current problems, whatever they may be. New “companies” should take note (I know I do). While everything seems to be “beta” now, if you don’t deliver something compelling and useful today, you will lose the early adopters for good. Of course you can still be content with “the rest of us” (I am in fact enjoying a huge crowd of non-early-adopters using our services), just remember that those are truly moving targets, as opposed as the early adoprters who seem to always be there, ready to try you out (and as quick to leave you)…

    Er… Nevermind. Best of luck to PubSub, whatever their fate may be.

  7. Robert Dewey

    Hey Art,

    Mike Arrington spends alot of time on this blog… Why shouldn’t he be compensated? I think you’re just trolling…

  8. Rob Ellis

    Art, Robert

    Anyone can run a blog, what really makes Mike different is he takes time to put himself out there, shaking hands and sharing wisdom, weather its in London, Seattle or the valley.

    Thats really cool, keep up the good work!

  9. Kevin Burton

    Ouch… not good. Generally though acquisitions are hard. I hope pubsub pulls through it. They really need to turn up the innovation level because we haven’t heard much from them in a while.

    Kevin

  10. Tim Spalding

    I never quite “got” PubSub–it didn’t meet my needs–but I understand they have some very powerful IP underneath. I hope that is worth enough to secure a buyer or cushion the landing. I’d echo the comments on Cohen, but he’s about as “employable” as someone could be.

  11. Otis Gospodnetic

    PubSub is interesting (but I don’t use it), and I hope it lives.

    Here is an interesting PubSub tidbit - its office is at the same address as another company from the dot com bubble, Blink. Blink was one of the first web bookmark managers back when we didn’t think much of being social in the context of bookmarks. Blink ended in a similar way, being sold to a Californian company only to be abandoned later.

    Oh, and not only did these two company share the same address, they really are in the exact same office space on Fulton St., downtown NYC.

    Haunted address?

  12. Steven M. Cohen

    Thanks Hope and Tim.

    Obviously, I won’t talk about this situation. Where ever I end up working, I know that in the end, it’s the health and vitality of my family that matters the most.

  13. Jeremy Wright

    Yowza. Guess I need to ammend some of my slide decks. Hopefully someone picks up the underlying tech, as I think it’s fundamentally sound (even if it does need tuning to weed out spam).

  14. Gordon Fowler

    Steven, Michael,

    What happens to the Structured Blogging initiative? I sure hope that doesn’t become road kill with PubSub!

  15. Jon Mandell

    Structured Blogging is now a seperate entity, filing for non-profit status. Since the last website redesign, it has no longer been stored on PubSub servers. There are over 50 companies involved in the initiative and while PubSub has played a large role, it is the community that keeps it alive.

  16. Otis

    Hm, and what happens to FeedMesh now? I thought that was hosted by PubSub as well.

  17. MikeD

    Major bummer. Is there somewhere to get more details as they happen?

  18. Doug

    Not surprised. I reported problems with their tech to them several times with never a response or acknowledgement.

  19. John Clifford

    I agree that beta services should provide some value during the first user experience so that early adopters have incentive to stick with it as website is improved. ZAADZ is example of site that did not provide much value for me when I frist tried it then later when several of my friends started using ity and the network effect start happening its value increased. Check out the way they encourage community feedback and post updates on what priority updates are in the pipeline. PubSub did not did deliver valuable results for me and I did not see any path to a future version that would become valuable to me any time soon..

  20. David Thomson

    How long before techcrunch becomes fuckedcompany2.0.com?

  21. Jill Hurst-Wahl

    I tried to use pubsub, but my “alerts” never “took.” Obviously, a company with a good idea, and — I think — good technology, but those two things do not always spell success. I hope the people all land on their feet.

  22. Vishal

    May I ask ONE simple question?

    What’s the “business model” of pubsub? I mean, from where do they make money?

    If it’s not making money, then of course it’s investors are RIGHT on their part to opt for insolvency…..

  23. Vishal

    David Thomson, you seem to be a negative person… you don’t seem good for the society… Web2.0 is just an effort to make internet more useful for everyone… It’s an initiative to bring more people on the platform + save more bandwidth than ever before… it’s an initiative to make it a more better world…. and you’re here condemning the efforts for a change?

  24. David Thomson

    Vishal,

    Negative? Maybe. Jaded? Pretty much. Worried? Absolutely! I’ve been down this road before. In fact many of us have. In the Web 1.0 world I was both fortunate and unfortunate to have worked for seven companies in the span of 1999-2002. Two exist today and I watched the rest implode. So when I see posts like this I get nervous and bring it to attention.

    Having a viable business model is something that should have been learned by all after the collapse of web 1.0. Being purchased by Google, Yahoo, IAC, or News Corp should not be the end game, it should be one of many viable exit strategies. As you alluded in your previous post, making money should be the priority.

    I must not be the only one worried, jaded, or negative as this very post now lives in the Deadpool.

    http://www.techcrunch.com/tag/DEADPOOL/

    As for your comments, I’m not sure where I am condeming the efforts for change. I’m very happy that the entire software industry has been tossed on its head over the past two years as it started to rebound and that new methods of interface design and engineering have emerged. Its exciting to see my customers talk about moving away from their embeded JSP pages, 5 step processes, and actually wanting to learn dom based javascript and AJAX principles because the finally get it that usability is important. And its happening on the enterpise!

    As for Pubsub, I know nothing about the business model or the company and my comments were purely on the circumstances.

    cheers

  25. Chris

    Hi,

    I saw this blog on layoffs . . .and I wanted to post to let those who are reading this know about a new book that is about to be published:

    If you have ever been laid off, afraid of getting laid off, or just felt that you were meant for something more, then this book is for you!

    ‘LayoffShield: Prven Strategies to Avoid the Cut List and BOOST YOUR SALARY’

    PUBLISHING FALL 2006

    come visit the author at

    http://www.layoffshield.com

  26. Moshe Katzmann

    I wish luck to Steven M. Cohen.

  27. Seo Update

    I tested it and the search results sucks!