Blognation for auction
Published December 18th, 2007
The founder of Blognation is stepping down and putting the blogger network on the auction block six months after launching the site.
“I have announced internally that I am stepping down from blognation and that the company will be put up for auction, like edgeio, to ensure that the idea and vision can go forward and that ALL the (cr)editors are rewarded for their loyalty and hardwork,” said founder Sam Sethi.
In the months since Blognation was launched, there have been death threats, accusations of sabotage, failure to secure funding, failure to pay bloggers, and even implications in the death of a blogger.
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