Gigaom May Not Be Dead Yet

1 minute read
Virginia Backaitis avatar

Gigaom mourners, heads up! It seems that the much loved publication is not dead yet.

Our conclusion is based on an email that we received Tuesday evening alerting us that next week’s Gigaom Structure Data Conference is unlikely to go on as scheduled.

Sign of Life?

The email also states this:

At this time, there are ongoing conversations about moving Gigaom forward but the likelihood of Gigaom Structure Data happening next week is very small and we want you to plan accordingly."

While it’s tempting to suggest that the outcry of Gigaom fans might have aroused new conversation between the web publication and investors, the reality is that we don’t know any more than the email states.

Learning Opportunities

Gigaom announced yesterday that it was unable to pay its creditors in full. It also noted that it was working with its creditors that have rights to all of the company’s assets as their collateral. It added:

"All operations have ceased. We do not know at this time what the lenders intend to do with the assets or if there will be any future operations using those assets."