jimmy wales

• Wikia is letting go 30% of its current 43-person workforce that work on the ‘for profit’ Wikia Search and Wiki software projects.
• The revenue nor traffic is there yet to support Jimmy Wale’s attempt to make money on a project outside of donations.
• The company has raised $14M to date from Marc Andreessen, Joi Ito, and Ron Conway, as well as Bessemer Venture Partners, the Omidyar Network and Amazon.’

Update: Mr. Wales confirmed to me that the Valleywag story about his layoffs was false. He said he is in the process of hiring still and not firing. This may have been in an effort to throw off TechCrunch’s scrutinized LayOff Tracker.

Webware.com, WebProNews, TC, ValleyWag

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