- January 1st, 2020
Once upon a time, Brad Fitz sold LJ to SixApart, which then promptly sold it again to Sup for $30 million.
Sup, in the meantime, has had difficulty making a profit on LJ and now seems to think the whole deal was a loser. They recently fired 20 of LJ's 28 employees, leaving only a caretaker financial staff with little or no technical expertise. It turns out to be very difficult to make money on a network and blog site like LJ.
Which means LJ will languish and wither for lack of support, or be sold off to somebody else to see if they can make a go of it.
But what if a million or two LJ users got together and pitched in to create a not-for-profit foundation to buy LJ back and run it for the benefit of its users?
This community now exists as a rallying point for the organization of exactly such an effort, and the exploration of alternate ideas for how to keep LJ strong.
Welcome. If you are interested in joining us in planning, organizing, and effecting a user buyout of LiveJournal, please join us.