Well for sale
The Well, venerable “virtual community” (that’s what we had before blogs, you whippersnappers), is for sale. I’ve had an account on the Well for eleven years this month, so this is of some interest to me. Salon has been a great corporate parent (many Salon staffers are longtime Well members), but the ups and downs of their pennystock life make everyone uncomfortable.
Who knows what will happen – perhaps members will chip in and form a co-op. I’ve got, like, $432 in my Paypal account… At least we’re past the bubble years, when some flash-in-the-pan internet company would have bought it, with a wave of press releases followed by an attempt to “monetize the userbase” or something.