Dec
02
Posted (Van Santos) in Technology on December-2-2008

For the social networking/micro blogger crowd I have a bit of news for you.  Pownce, the slimmed down version of Twitter, is shutting down as of 12/15/2008.  Is it going to be a big loss to the community?  I’m not sure.  While there was (is) a loyal user base I believe people will simply move to other services… that is if they don’t already use them.

What I find interesting is this note from the Pownce team: Goodbye Pownce, Hello Six Apart

We’re very happy that Six Apart wants to invest in growing the vision that we the founders of Pownce believe so strongly in and we’re very excited to take our vision to all of Six Apart’s products. Mike and I have joined Six Apart as part of their engineering team and we’re looking forward to being a part of the talented group that has created amazing tools for blogging and publishing.

If I read between the lines, the acquisition of Pownce is solely to integrate Pownce technology into Six Apart products and not for the user base the service has created. Does that mean communication tools such as Pownce (or Twitter) really have no true means of converting usage into revenue?

If that is the case, what does this say about the future of other social networking tools?  

As TechCrunch points out Twitter was eating Pownce’s lunch.  It is also good to hear users will be able “to export their accounts to other services, allowing them to retain their messages and media”

Related posts:

  1. Twitter CEO – revenue's coming, but I won't tell how
  2. First Hand Accounts Terror Attacks In India On Twitter, Flickr
  3. Twitter, how I once loved you
  4. Twitter, the microblooger/social networking tool, gets hacked and shows it's not ready for the big time.
  5. TweetDeck, Twitter and Rate Limit Exceeded

Comments:

[...] news that Pownce, a social networking and micro-blogging service, was sold to Six Apart and will be shut down on December 15th, a number of individuals starting asking the age old [...]