Xmarks May Not Be Dead After All
gatorfan sends word that Xmarks, which announced its upcoming closure a few days back, may not be so dead after all. The outcry from people willing to pay for the service was so loud that the company has now posted a pledge that users can sign if they are willing to pay for the service, and they say that they have fielded inquiries from several organizations who might be willing to buy the company's assets and keep the service going.
maybe put something in the summary about what it is.
Yes, because telling everyone you're closing down and then waiting a couple of days to see them move to alternatives before announcing your clever plan works - way better than just coming out with the news "sorry guys, the only way we can survive is by charging a fee"
That's nonsense of course. You're creating a false dichotomy: either you do what XMarks did or "suddenly becoming a paid service". There would have been plenty of ways to deal with it more graciously, if they had planned to switch to a paid model. But the fact of the matter seems to be that they didn't think there would be enough paying customers. In fact, they've asked their users about this in the past, I've been with them since early beginnings. I think they were simply surprised by the number of users that turned out to be willing to pay, faced with the alternative of the service just disappearing.
What is strange about all this is the fact that XMarks was unable to find a buyer or investor, if it now turns out XMarks can make a living out of selling this service. What did these investors see that XMarks doesn't? Will XMarks survive, or will they come to the same conclusion as the investors and decide it will never make a decent profit?