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  • (Score: 2, Interesting) by hankwang on Sunday February 23 2014, @01:20AM

    by hankwang (100) on Sunday February 23 2014, @01:20AM (#5031) Homepage

    Malda should never have sold it. Hes a cockbag for doing so and Everyone knew that would mark the end of ./ (and it did).

    It's easy to say that today, but what would have been the alternative? Today, servers are cheap. But on 1999's hardware, it was probably not that easy to run a site with slashdot's traffic. According to Wikipedia, Slashdot was netting about $20k per year: not enough to hire even one more full-time staff member. Selling the business to a company that can do the necessary investments is the only way to grow. I think Malda mentioned in an interview (two years ago?) that probably Slashdot wouldn't have survived on its own, without those investments.

    It makes one wonder whether it's possible to sell a company and still have a way to guarantee that the spirit is kept, other than having the founder keep 51% of the shares.

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