Pownce Closing – Sold to Six Apart

After reading the Six Apart site and seeing that they are “welcoming the Pownce team” and that the site would be shut down it was time to remove my Pownce link from my signature. I wonder what else is going down.

I know that the economy is down and the government announced today that the U.S. is officially in a recession and has been since Dec. 2007 but does that really slow that amount of traffic to microblogging sites? Does the ability to generate revenue change for this type of organization? I would think not. What does that mean for sites that have more traffic and activity than Pownce?

I love Twitter and am not suggesting that there is something wrong with Twitter and other micorblogging platforms but is there a business formula or path to a formula for success that they are following that others can’t find?

I believe it is more of a first mover advantage along with the Tweeting to be seen scene. You know you tweet just to be seen on the scene sometimes.

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