Juicy Campus shutting down tomorrow

Im broke!

No, but seriously, I’m broke!

Georgetown’s own Blair Waldorfs are out of luck: according to a press release, online gossip site Juicy Campus is closing tomorrow. This isn’t that surprising, considering that the site’s founder, Matt Ivester (above), admitted in a speech at Georgetown that the site wasn’t making a profit. From the press release:

In these historically difficult economic times, online ad revenue has plummeted and venture capital funding has dissolved. JuicyCampus’ exponential growth outpaced our ability to muster the resources needed to survive this economic downturn, and as a result, we are closing down the site as of Feb. 5, 2009.

Juicy Campus has been a spam wasteland for a while now, but it did help out some secret censors when it launched. Both GUSA President Pat Dowd and the Hoya said they were interested in blocking the site at Georgetown. And who could ever forget Steve Holt’s tireless work?

Photo by Helen Burton

8 Comments on “Juicy Campus shutting down tomorrow

  1. First they repainted the stalls in the WGR ladies’ rooms, now this. Where are the women on this campus going to anonymously besmirch the names of their ex boyfriends?

  2. CollegeACB.com…what a joke. You will also fail and make no money. It’s not that venture capital money has “dissolved,” it’s the simple fact that no VC would invest in such a stupid concept with no revenue model. You’re better off working at McDonald’s pal.

  3. News corner wonders: What kind of revenue do you need to run a site with entirely user-generated content? My guess is the lawsuits got ‘im.

  4. Good point, news corner. Since I doubt Juicy’s server costs were that high, and I think there are two other costs that need to be factored in:

    -Ivester’s ongoing villification
    -The possible cost to pay Juicy’s fake posters, an idea the Independent explored.

  5. Pingback: The Stall Seat Journal on sex: Everyone’s NOT doing it! « Vag Populi

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