Death of a Blog(nation)

Almost a year to the day Sam Sethi left Techrunch his startup Blognation is officially dead. Although Sam blames Mike Arrington for his failure Mike does offer a fairly balanced explanation as to what really happened:

Marc Orchant had a massive heart attack. And the reason he had a heart attack may have been because he was working for Sam, not being paid, and massively stressed out about supporting his family. That is a debatable point, but another Blognation editor, Oliver Starr (who also used to work with me), decided to destroy Sam and Blognation by attacking him publicly.

It's kinda sad to see Blognation go, but to go this way is even sadder. A lot of people believed in Sam Sethi. I met him a few times and thought he was a pretty stand-up guy. Outside of the rumors and innuendos I personally feel that the real reason Blognation failed is that they expanded the business way too quickly.