Ning Is Screwing Itself – It Will Be No Longer Free
Ning is getting crazy! Ning the build-your-own social network will be a paid service as confirmed by a mail send by the new CEO of Ning to his employees. What does this mean to the existing network users? Simple, pay for your existing network or else your network will be no more. This is not all; about 40% of employees to be precise 70 employees will be axed from the company. Ning’s new CEO Jason Rosenthal just sent a mail to his employees mentioning these two big announcements. Just a month ago, co-founder of Ning Gina Bianchini stepped down from the post of CEO.
Ning has been co-founded by Marc Andreessen, the founder of Netscape who sits on the boards of Facebook and HP but still facing a tough time reviving Ning. The move to make Ning a paid service will not going to help them but it will screw them big time. This is not a fair move as far the existing users are concerned who have build their network considering the fact that this is a free system and making it paid will piss them off. Freemium model always works in web and if its not working for Ning then they have to seriously consider reviving their ecosystem and definitely not by making out-and-out paid service.
(Twitter: @ mayank25may )
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