Requiem for a Social Platform: App.internet’s Unrealized Possible

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Ad-free social platform App.net announced Tuesday that although the service had enough money to be “self-sustaining on a forward basis,” it hadn’t garnered the financial support needed to retain full-time employees

As a result, App.net will no longer employ any salaried employees — including its two founders, Dalton Caldwell and Bryan Berg — and a larger portion of the App.net codebase will be open-sourced. App.net’s Developer Incentive Program, which was a way to compensate developers for building apps and services on top of App.net, is also winding down. Caldwell and Berg will remain responsible for operating App.net, but they’ll no longer draw a salary for doing so. Read more…

More about Social Networking, Opinion, Dalton Caldwell, App.Net, and Tech

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