PayPerPost and Performancing Break Up
PayPerPost has called off its deal with Performancing. Apparently they didn’t like the metrics product going Open Source, though the announcement isn’t very clear on this:
The decision has been made by Nick at Performancing
to make the Metrics platform Open Source and I believe that is a wise
decision. Nick is a great guy and I wish him much luck with the other
aspects of Performancing.com. Nick did what he could to keep the hosted version of Metrics running, but in the end it just wasn’t a fit.
I never liked this deal, but then anything involving PPP except for its closure won’t make me happy.
Mike Arrington calls it an amateurish move:
Performancing should have had a more nailed down acquisition agreement,
so they aren’t entirely blameless. But PayPerPost is becoming an
increasingly ridiculous startup, and a black eye for investor Draper Fisher Jurvetson.
Definitely!
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