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26 comments

[–] PMYA 9 points (+9|-0)

Well this is interesting for a few reasons. This was inevitable, and was probably caused by their inability to somehow monetise the site. They had a ridiculous amount of traffic for a few months and I have no idea why they didn't capitalise on it while they could. There is no way in hell they're going to get any investors now, because the site has such a bad image after the hate sub influxes.

Another thing is I'm not entirely sure what Putt is talking about. Azure - which is a bad idea in my opinion because it costs so much money - apparently gives huge discounts to startups, yet I clearly remember Atko putting the figure of monthly costs at just over 5k a month. That was a year ago or more. So what were they doing with the donation and merch money? They also said they had poured their own money into hosting a few times.

What the hell is going on with their costs?

[–] THC 7 points (+7|-0) Edited

Lack of financial transparency there makes it almost impossible to really say. If it was a decent chunk of change, pocketing it would be the only rational explanation for failure to maintain overhead.