You knew the signs were not good when AGLOCO didn’t renew their SSL certificate. It’s a really bad sign because a SSL cert really isn’t that expensive. I sent an email off to the founder of AGLOCO to find out if they were packing it in. I never got a reply. However, I received this email from the development team today.
We would like to update you on the status of AGLOCO’s operations. We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at email@example.com.
We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going.
AGLOCO Development Team
AGLOCO was a good idea that was poorly executed. I guess those MBA grads should have got some street smarts to go with their book smarts. I wonder if I should buy them out? That mailing list has to be worth something. 😈
To celebrate this final AGLOCO post, I present to you my final AGLOCO stats.