Posts Tagged ‘edgeio’

LOOKSMART ACQUIRES EDGEIO’S ASSETS

Saturday, December 22nd, 2007

Edgeio.com finally found a suitor for its assets. TechCrunch reported Looksmart.com, a provider of advertising solutions, made the winning bid of $280K. By the way, the starting bid was $250K, so I guess there was lukewarm interest in this bidding opportunity.

It will be interesting to see if Looksmart continues the Edgeio concept or simply integrate the assets into their current system. I figure the most valuable assets are Edgeio’s PR7 ranking and its former employees.

I am only interested in this deal because I am always looking for possible outlets for myfree classified ads.

EDGEIO AUCTION WEBSITE IS LIVE

Thursday, December 13th, 2007

Here’s another email from edgeio. I received this email because I had submitted more than 500 free classifieds listings to edgeio.com. By the way, the starting bid is $250K.

————

Date: Wed, 12 Dec 2007 10:22:57 -0800
Subject: [News] edgeio auction website is now live
From: “edgeio” <@edgeio.com>
To: *******@*****.com

Hello-

You are receiving this email because you have submitted more than 500 listings to edgeio.com.

=======================
==== edgeio update ====
=======================

edgeio has now posted information about the auction of its assets to:

http://wiki.edgeio.com

People who are interested in bidding should contact
mailto:auction ” @”edgeio.com.

On Friday 7 December, due to its inability to fund ongoing operations, the Board of Directors recommended closing down the company and selling its assets. As a result there will be an auction for edgeio’s assets, starting Tuesday December 11th 2007, and terminating on Friday December 21rd 2007. The service will remain operational throug  the auction period and, depending on the winner, may continue to run after the auction closes.

Thank you for using the edgeio service.

The edgeio team

Edgeio Announces Auction of Assets

Tuesday, December 11th, 2007

Today I received this email message along with another email from Edgeio. I had created a Classified Board and submitted a number of listings for FreeAdLists’ Free Classifieds. But I guess it’s officially “game over.” Edgeio is auctioning its assets and the bidding starts Dec 11 and ending Dec 21.

You might be find a great bargain. If you are interested, send them an email at their auction@ email address listed below.

Here’s the message.

Date: Mon, 10 Dec 2007 21:15:56 -0800
Subject: edgeio Announces Closure and Auction of Assets Beginning December 11
From: “edgeio” <****@edgeio.com>
To: ****@******.com

Hello-

You are receiving this email because you have created a Classified
Board on edgeio.com.

On Friday 7 December, due to its inability to fund ongoing operations,
the Board of Directors recommended closing down the company and selling
its assets. As a result there will be an auction for edgeio’s assets,
starting Tuesday December 11th 2007, and terminating on Friday December
21rd 2007. The service will remain operational through the auction
period and, depending on the winner, may continue to run after the
auction closes.

To learn more about edgeio and the auction process, visit
http://wiki.edgeio.com. People who are interested in bidding should
contact mailto:auction “removeThis @” edgeio.com.

Thank you for using the service-

The edgeio team

EDGEIO.COM CLOSES ITS DOORS

Saturday, December 8th, 2007

TechCrunch reported that Edgeio.com is closing their doors. Edgeio was a service that collected and organized classified ads listings that were published on other RSS enabled web sites or directly onto Edgeio.

I used Edgeio.com for FreeAdLists.com. At first, I quickly navigated away from it because I didn’t quite get it. But later, I played around with it and was able to use a couple of its tools, such as creating listings and attempting to submit XML listings.

 

I focused mainly on Home Sales and Apartment Rental classified ads because the bulk of my free classified ads are concentrated in those areas. However, I was constantly prompted with metadata errors because Edgeio didn’t like my XML format. It was regimented on a specific format, which was costly in terms of time and effort for me. I’m operating off a shoestring budget…my own “VC funds” and whatever revenue I’ve earned via “Featured Classified Ads” and Google Adsense. Anyways, I validated my feeds against feedvalidator.org, but edgeio.com still complained about them, so I ended up using the service for a singly purpose: to advertise “Feature Classified Ads,” not exactly what Edgeio had in mind. Needless to say, I was frustrated in using their service but I kept trying. Why? I thought it would be a valuable resource for my posters.

Frankly speaking, I wished it would have worked out because I think their metadata aggregation idea was novel and I still think it is… I’m hoping Keith TeareEdgeio’s CEO/Co-Founder, will post something on his blog and provide a few insights/lessons learned as to why the doors are being closed.

I wonder how oodle.com is doing.