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posted by janrinok on Tuesday July 28 2015, @02:42PM   Printer-friendly
from the let-the-cheering-commence! dept.

FS tells me that Ars Technica reports that Dice is selling the Slashdot and Sourceforge sites. The company in their second quarter earnings announcements stated they have "not successfully leveraged the Slashdot user base to further Dice's digital recruitment business", and are planning to divest this business.

The report goes on to note that in spite of what the report calls "an incredibly loyal and passionate following of tech professionals," Slashdot and SourceForge aren't core to DHI's business and that DHI has partnered with KeyBanc Capital Markets to advise DHI on the sale. There is no buyer lined up yet.

The report also says that Slashdot Media (the aggregate of Slashdot and SourceForge) made $1.7 million in revenue for the second quarter and that it's estimated Slashdot Media will pull somewhere between $15 million and $16 million in revenue for fiscal 2015.


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  • (Score: 4, Interesting) by Phoenix666 on Tuesday July 28 2015, @04:03PM

    by Phoenix666 (552) on Tuesday July 28 2015, @04:03PM (#214913) Journal

    So they have "not successfully leveraged the Slashdot user base" and are flipping the property before it becomes worthless.

    And isn't that phrase a perfect example of what gets crapped out the ass of an MBA? "not successfully leverages the Slashdot user base." How about not being a reductive, greedy asshole and offering great, hard-to-fill opportunities to talented, meaningful tech professionals instead? It's really not that hard.

    I know that as a hiring manager it would have been great to hire a Slashdot native. They would have questioned my taste in music. They would have accused me of being a sell-out for my choice of compiler. But they would have been fucking brilliant in the clinch.

    Alas, Dice was too stupid to see that.

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  • (Score: 1) by Kawumpa on Wednesday July 29 2015, @08:28AM

    by Kawumpa (1187) on Wednesday July 29 2015, @08:28AM (#215335)

    What about the "reductive and greedy" arseholes who sold them the site in the first place? Why don't they get any of the blame?