I was doing a little research on some of the companies we listed on our List Of Social Networks when I came across a blog named rdmey by a senior web developer who’s been working for DailyStrength for the past 6 months. And this is what I found in her latest post - http://blog.rebeccamurphey.com/2008/08/02/web-developer-hiring-tips/ :
“A couple of weeks ago, I got the call: my employer was laying everyone off while they continued their search for funding. It wasn't entirely unexpected -- in this case, no news started to seem like bad news as the weeks ticked by”
If that means what I think it does, we are seeing the first major site in the Health Social Networks niche to be effected by the recession. DS spent a lot of $$ over the last couple of years (anyone say bubble?) on building a strong team to win the race. I’ve got to say that if this news is true – I am amazed. According to their early 2007 press release DS raised $5-7 Million from RedPoint, all gone ???
I would hate to see DS disappear. It’s a great site with a great future and what does it say about the other companies on our Health Social Networks list? Will MDJunction and MedHelp be the next to feel it? (they are the next biggest Health Communities on our list).
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