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Technorati on way to disappearing?

August 16, 2007

TechnoratiOm Malik reports this afternoon that CEO David Sifry has resigned and that they’re laying off 8 staff people at Technorati, the early leader in RSS feed aggregation/Blog search.

The company has been looking for a CEO for a while, and has been burning through ton of cash, and this move it seems is a way to extend the runway for Technorati, which does have money in the bank……Technorati was one of the early start-ups to see the potential of the new web, but seemingly picked a business where Google [via Google Blog Search] was eventually going to make its presence felt.

It’s a shame. As I’ve said before, Technorati’s served a great purpose in aggregating blog feeds and making blog searches available by RSS feed. The blogosphere would be years behind without Technorati and its founder David Sifry.

However, Technorati may have been wise to sell out while it was in first place, as Feedburner recently did, rather than to try and out run Google.

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