App.net State of the Union

App.net plans to operate with a skeleton crew.  A neat case study on paid networks, especially since I’ve seen a debate brewing online about Twitter as a paid vs. ad supported model.

The bad news is that the renewal rate was not high enough for us to have sufficient budget for full-time employees. After carefully considering a few different options, we are making the difficult decision to no longer employ any salaried employees, including founders.

via App.net State of the Union | App.net.

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