Shuts Down But Its Code Lives On
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Advertisement, the social network that promised to beat Twitter at its own game, is shutting down. will cease to exist on March 15th, 2017. However, the code at the heart of the site will be open-sourced, enabling someone else to take on the challenge of battling Twitter. Maybe.

In 2012, a social network called launched. was originally intended to be a platform for developers to showcase their applications, hence the name. However, founders Dalton Caldwell and Bryan Berg saw an opportunity to build a better version of Twitter, and evolved Everything You Need To Know About - The "Other" Social Network Everything You Need To Know About - The "Other" Social Network was born out of frustration with the status quo. How much do you know about it? Read More .

Caldwell and Berg crowdfunded the creation of, with 11,000 backers raising $750,000 for the fledgling company. Most of these backers paid $50 for a one-year subscription to, which would, as a result, be completely free of ads.

By February 2013, had become a freemium service, with a free tier being offered to people invited to join by a paying subscriber. As a result of this switch, by May 2013, had grown to have 100,000 subscribers. But it was all downhill from here.

Keeping the Lights On Until the Money Ran Out

Despite the early enthusiasm, users stopped renewing their subscriptions. So much so that in May 2014, its founders voluntarily put into maintenance mode. All paid employees were fired, with contractors essentially just keeping the lights on until the money ran out.

That has now happened, and so will switch the lights off for good on March 15th, 2017. No new signups will be accepted, and any pending subscription renewals will be cancelled. All user data will be deleted, so you have until March 15th to export your data or lose it forever.

Caldwell and Berg are keeping the spirit of the site alive by open-sourcing the code behind This will all be available on the GitHub page, and may inspire someone, somewhere 10 Inspirational Entrepreneurs To Follow On Twitter 10 Inspirational Entrepreneurs To Follow On Twitter The Internet has peeled away much of the mystery. The personal magic of today’s business leaders remains, but we can easily unravel the strategies and business ideas that make them prosper. In fact, they are... Read More to try something similar. For, however, it’s game over for good.

Did you use If so, how do you feel about it being shut down? Were you one of the 11,000 people who crowdfunded into existence? Or were you one of the thousands who signed up for a free account at a later date? Please let us know in the comments below!

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