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I'm pretty surprised by this, particularly in part because their events business seemed robust. My company sent me to an event of theirs in NYC two years ago, a
by shortformblog 12y ago
I'm pretty surprised by this, particularly in part because their events business seemed robust. My company sent me to an event of theirs in NYC two years ago, and it had a very high caliber of presenters/panelists (David Karp, Andrew Sullivan, Tim Ferriss, a few others). The tickets also weren't cheap.
Sure, the company didn't go down the clickbait road, but it also had come up with revenue models that made up for that. Beyond events, they also had a research group—something that, to a degree, arguably made their real competition Gartner and Forrester.
I wonder what role Om stepping away from the day-to-day played in this. What he said a year ago makes this turn of events seem shocking: https://gigaom.com/2014/02/20/now-that-gigaom-is-all-grown-up-its-time-for-the-next-chapter/ https://gigaom.com/2014/02/20/now-that-gigaom-is-all-grown-u...
- frabcus 12y agoI went to, probably the same, (big data) Gigaom event. I really enjoyed it - good people and talks. There weren't, however, many customers there. It was all other people selling stuff. So I didn't go again. The recent wave of data related businesses are now generally at the phase where they need to meet potential customers from corporates at events. Not sure how/if this affects business model though! The profitability of events is opaque to me.