Early Social Media Company SplashCast Calls it Quits
One of the earlier players in new media/social media, SplashCast, has officially thrown in the towel and called it quits. The Portland, Oregon based start-up CEO Mike Berkley had the following to say in the official closing blog post, “…over the last few months the company has had to make difficult decisions relating to allocation of limited resources. SplashCast has been unable to secure the necessary funding to continue operations. SplashCast accomplished great things with tiny resources. Despite the fact that we were ultimately unable to survive the headwinds we faced, it’s remarkable what we were able to achieve”. Playing