It may have once been described by the New York Times as “the hottest startup in Silicon Valley”, but sadly that wasn’t enough to keep the doors open at Pownce. The web-based service which was co-founded by Digg’s Kevin Rose has been bought out by Typepad creators Six Apart.
According to the company blog, Pownce will shut down the website as of December 15th.
Pownce has always been dubbed as a Twitter competitor, despite Pownce having a few bonus features not available on the Twitter service. Pownce, unlike its competitor, allowed users to share photos, music and videos, while Twitter continues to allow users to simply post messages and urls.
Why have Six Apart bought the service only to shut it down? It looks like Six Apart may not see a future in Pownce but do see a future in its creators.
Pownce may have fallen to Twitter, but Twitter still has to find a way to make money and unless it finds a way soon the service may find itself going the way of Pownce.
No related posts.
