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Feb 4 2009

JuicyCampus takes a bow

Sardar Mohkim Khan 

image thumb33 JuicyCampus takes a bow

After all all the juicy gossips failed to push it par success, Juicy Campus has finally taken a bow. The network provided a platform for college students to create gossips and spread it anonymously. Its CEO, Matt Ivester spoke n the service’s demise stating:

Unfortunately, even with great traffic and strong user loyalty, a business can’t survive and grow without a steady stream of revenue to support it.  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.

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