Wednesday, July 22, 2009

Entrecard Acquired By ZipRunner, Founder Graham Langdon stay on as advisor

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The inevitable has happened. Apparently, EntreCard founder Graham Langdon has sold EntreCard Inc. to ZipRunner Inc. Googling the name ZipRunner Inc. returns zero relevant result apart from EntreCard's acquisition press release.

Read about the announcement here:
EntreCard has been acquired by ZipRunner

Here's a little about ZipRunner, as narrated by its CEO, Andrew Te:
ZipRunner is an investment company with many years of experience with Internet companies. We intend to have a smooth transition and will continue to provide essential services such as dropping cards, earning credits and allowing bloggers to network. We believe that these services are what make Entrecard special. In addition, Entrecard will continue to have Richard Clark (phirate), Entrecard’s founding developer, on its management team.
I really hope this move will further improve EntreCard. EntreCard has gone from (blogger) fans' favorite to a controversial startup, with divided opinions about Graham's plans and what he hope to achieve with EntreCard. No doubt Graham's decisions have been partly fueled by desire to break even or earn some profits from EntreCard even after serving the blogging community without any charges for a year or two.

To Graham's credit, he has implemented many changes to EntreCard in the final few months of his tenure as CEO, probably much more than he has ever done in the 2 year prior to that. Some noticeable changes in recent months:
  • introduction of paid ads on EntreCard network which is wildly popular
  • revamp of the old forum and setting up a new one
  • offering to buy back EntreCard credits from members
  • asking members to complete CPA offers in exchange for EntreCard credits to raise funds
We wish Graham Langdon best of luck. Just hearing his story, we know that he has gone through a lot, struggling and moving forward with EntreCard. He will now spend time with other projects, yet you may still hear from him about past and current challenges at his new personal blog:

Lastly I also hope for the best for EntreCard users. If there is one thing ZipRunner could do to make us believe that EntreCard is improving for the better under their management, please honour Graham's initiative to allow EntreCard users to cash out their credits! I have about $100-200 worth of credits now and I don't really know how to spend it.

I welcome response from Graham Langdon, ZipRunner Inc. and Andrew Te as well as other bloggers and people from EntreCard community network.
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