Written on January 5th, 2007 at 10:01 am by Darren Rowse
Performancing and PayPerPost Deal is Off
In news that I suspect will please many Performancing users Nick Wilson is just about to announce that their deal to sell some of their assets to PayPerPost is off.
Nick writes:
“After much discussion, we’ve decided that the deal proposed by PayPerPost just isnt right for us or our community. It’s regrettable that we should part ways as I still feel that Dan and Ted are stand up guys breaking new ground, but in the end, the deal was just not right for them or us.”
Instead - their metrics package will become Open Source which means it will end but become available to the developer community to do with as they please.
While it’s sad that their metrics program will close I think it’s a smart move not to sell to PPP as there have been many bloggers complaining about the deal since it was announced and some have already cancelled their metrics accounts.
Nick suggests that those lookign for a good metrics service try out Feedburners package which has just been launched.
Performancing will continue developing their Parters advertising program, their firefox blog editing tool is still being moved to the new brand and domain - ScribeFire.
More details on a post by Nick that will go live on the performancing blog shortly.
Update: PayPerPost has posted of this announcement on their own blog and I’m interested to see that they’re claiming to have walked away from the deal (where Performancing seemed to indicate in Nick’s statement above that they called it off). PPP write:
‘After much discussion and heartache we have decided to walk away from the Performancing deal. We listened to our Posties and other Metrics users, dug into the Metrics platform and regretfully found that it wasn’t what we were looking for right now.’
Seems like an odd way to go about acquiring an asset - announce it, then do the digging. I wonder what the real story is.
11 Responses to “Performancing and PayPerPost Deal is Off”
Michael ((QUESTION of the DAY))
January 5th, 2007 11:16 am
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Hi Darren & All,
I think this is a wise decision for the time being. So many people have made negative comments towards this idea.
Maybe they can deal something better in the future : )
StrangeProgress
January 5th, 2007 11:19 am
An interesting development. I suspected there might have been some issues with this deal, given some of the views on the payperpost business model especially.
Matt
Lara
January 5th, 2007 11:39 am
Now THAT is good news!! :)
I understand the drive to sell - but in this situation, if you can’t find the perfect buyer, it’s best not to sell to anyone.
I love it! YAY!
[Linked]
January 5th, 2007 12:43 pm
Metrics goes Open Source - PayPerPost Deal is Off…
http://performancing.com/node/5583...
Performancing To PayPerPost: No Deal For Metrics at The Blog Herald
January 5th, 2007 2:19 pm
[...] (Update: Hat Tip: Darren via Problogger.net) [...]
Performancing and Pay Per Post Break Up At The Altar » Interweb World
January 6th, 2007 8:09 am
[...] You could almost see this coming. The response from the Performancing community was pretty hostile toward Nick Wilson when the deal with Pay Per Post was announced. [...]
Ian Robertson
January 6th, 2007 11:03 am
This has got to be the best news this year.
jhay
January 6th, 2007 11:37 am
A good news to start the new year. Too bad though that their metrics program has ended. Oh well, it was a good run while it lasted.
Writing Home » Blog Archive » links for 2007-01-06
January 7th, 2007 8:17 am
[...] Performancing and PayPerPost Deal is Off (tags: performancing problogger payperpost) [...]
Markus Merz
January 8th, 2007 1:39 am
All collected metrics data will be lost (for the users) when p.com shuts down the service at January the 10th.
Source
Performancing and Pay Per Post Deal Falls Through by Blogging Pro
January 10th, 2007 7:49 am
[...] Darren Rowse pointed out some startling news, it seems the deal between Performancing and Pay Per Post wasn’t set in stone, and has now fallen through. [...]
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