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"And whosoever fears Allah and keeps his duty to Him. He will make a way for him to get out from every difficulty. And He will provide from sources he never could imagine."
- Surah 65 At-Talaq 2,3

Thursday, 25 September 2008

ENTRECARD FOLLOWER : The Most Shocking News

Shocking!!! Entrecard exploring possibility of new owner. Announcement from Graham : As you all may or may not know, I recently met with some VCs over a two month period. We were working out a deal in which they were going to invest a $700,000 “seed round”, which would open a headquarters and allow us to hire 10 employees, with a follow on Series A round of 2 to 5 million six months later. The deal fell apart in the 11th hour, because they lost faith in my ability to execute the plan as the only member of a one person team.

I will not be putting the site into the hands of someone I think won’t act in the best interest of the bloggers, and I will not be putting the site into the hands of someone who I haven’t talked to extensively and gotten on the same page about where Entrecard goes from here. Bascially, I’m looking for someone who can execute my vision, because I don’t have the money or manpower to do it, and I’m disenchanted with VCs at present and don’t feel I have the resolve at this point to work out another deal with another firm.

Entrecard needs a team. It has gotten too big too fast, and without more servers, more developers, designers, and so on, it will buckle under its own weight. And so I have come to the opinion that the entire company, and all the bloggers using it, would be better served with a better-endowed owner.

I know this may come as a shock to many of you, but don’t worry. Nothing is final. I may not end up selling it. I may decide to cancel the auction and chase down the VCs with a second wind. But one thing is certain, something needs to change, and Entrecard needs the resources to get to the next level, and it is unfair to you, the bloggers, to make you the promises I have made of features to come, with no clear plan in sight to get them built.

That is all. Here is the link to the sale on sitepoint

My comment : EC is really move my site from zero to current level. My site will not be so popular, receiving  good traffic  and knowing so many people without EC. EC is really GREAT idea and a dream come true to many new blogger. I'm really hope that Graham still managing EC because he know the concept, direction and vision of EC.  EC already help so many blogs make money online.

To those who really have the capital this is really fantastic opportunity. EC is a GREAT asset with fantastic value which can go far.


What is your opinoin??

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34 comments:

  1. ribbit,hope you are doing fine...Catch ya later..

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  2. Purple I'm fine busy preparing for our Muslim BIG day ..Aidil Fitri after fasting for 30 days...really miss fasting month..we have to wait another 11 months for next fasting month.

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  3. Entrecard is crucial to bloggers, without it my blog would be getting nearly as much traffic, and most importantly I would not have found as many good blogs and made as many blog pal's as I have. People who consistantly come to my blog and I visit theirs, not just to drop, but to read each other's post and see whats going on in each other's world.

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  4. I think that EC has help me also in promoting my blog. I hope that the owner will think again coz EntreCard is going to be very big soon; it's like a gold mine.

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  5. EC is a bloggers best friend. It's a great way to get traffic to a blog. I hope they are able to resolve the situation because I would hate to see the site be turned over to people who won't work to see it grow.

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  6. OH DEAR..SO SAD TO HEAR THAT. WHAT CAN WE DO? I LOVE ENTRECARD BUT AM I LOSING IT SOON? HOPE NOT. HOPING FOR THE BEST OF ALL.

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  7. wah entre card dijual sayang sekali

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  8. I agree with you that no other traffic exchange out there can bring traffic to our blogs like what EC has done. I hope that things would get resolved and we will still enjoy EC as it is now.

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  9. Wow... I never saw that coming! I would love to see someone come and take entrecard to the next level!

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  10. Bono, I read this on my handphone this morning actually, wah very shocking! I hope whatever happens, EC will continue to perform and provide us with the services they're currently giving us. Kalau ada perubahan, hope it won't affect us bloggers in a negative way! :)

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  11. Bono,
    You are right, because of Ec, I know you and be able to visit your blog and comment.
    Hope everything doing well for Ec.

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  12. I agree with Mariuca.. hopefully all will be for the better otherwise a lot of blogger would be affected...

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  13. Selamat Idul Fitri 1429H, Mohon maaf Lahir dan Batin

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  14. I hope EC doesn't go away. I think the recent changes Graham has made to get rid of the splogs has risen the quality of the blogs I drop on. Now it takes me much longer to drop cards because there are so many more blogs that are on EC that are worth reading!

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  15. Thanks for informing me of this. I did not know.

    I too was gaining and meeting lots of new friends through EC until I went away for a few months.

    I am depending on EC to help me get back.

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  16. Sebelum itu,

    Selamat Menyambut Hari Raya Aidilfitri dan Maaf Zahir Batin.

    Whoa! This is unexpected. Well, i am sure lots of people who have been using EC find it really a great tool for promoting their blogs. EC has been really great for me. Hope everything is going to be A-okay should the new owner take over EC. Too bad if things are going down the drain after all much great effort. EC for sure has brought many bloggers to places they might have not ventured. :)

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  17. EC has greatly increased traffic. it has provided bloggers a good platform to meet friends thru dropping ECs and leaving comments ... thru this i knew you and other bloggers. i hope EC will still continue.

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  18. Hi Bono, just stopping by to let you know you've got an award here:

    http://mypoochlife.blogspot.com/2008/09/new-awards.html

    Happy weekend and thanks a LOT for being a "permanent resident" over at My Pooch Life :)

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  19. Hi Bono,

    I have to admit and many of us that use this service have indeed found entrecard not only as means of driving the numbers up but a means of meeting new friends across the globe such as yourself and helped a lot of people like us to earn at the same time. I guess we need to create a united front as a group to let entrecard know that we care about this service as it is something that is both great and wonderful for all us using it and to some it is a lifeline for income support.

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  20. Dragon Blogger I'm totally agree with you. EC already connect new blogger with million of other blogger. Some of them building their own community and some of them already very success.

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  21. Emila EC really help me beside others method promoting my site. Without EC I'm sure I'll not meet fantastic blogger like you, GP, LJ, AGP, Zubli, BDH, Rizal, Inocontest, Shinade and many-many more

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  22. ImitationAngel Graham really want to bring EC to different level but he don't have enough capacity to move forwards. I'm really hope that somebody will come forwards and work togather with him.

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  23. Joy0z hope everything will go ok...we really depending on EC.

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  24. shaxx I'm sure EC will still be here and even with better facility.

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  25. I want to join it but, still confused..

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  26. Tom I agree with you. It's time for EC to move to next level with or without Graham.

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  27. Marzie I'm sure change untuk yang lebih MANTAP deh. How's your lebaran preparation.

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  28. Bono! EC down today ni, blm complete my round lagi, very slow to upload and some widgets are empty! My own advertiser today pun supposed to change at 7pm, but baru je ni tukar advertiser! :(

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  29. Marzie Ya deh very slow normally i already finish but now half pun gak nyampai.

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  30. It's a hard thing to accept for us as a blogger. But for Graham, it's much more harder to think and to decide what would be the best for him, as well as for all of us.

    As for now, I really hope that if he is to sell his EC, please let somebody with his original concept to drive the EC better or at least as well as what he has done before. Not the other way round.

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  31. I hope it goes well with or without Graham.

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  32. I really like Entrecard. I hope they can get a plan that will get to the next level, and the sooner the better.

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  33. I'm really hope the new partnership with OIO will take EC to next level

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