JuicyCampus has gone the way of the dinosaur.
The site that let students post anonymously about their fellow peers is gone.
On the JuicyCampus blog, founder Matt Ivester says that the site’s downfall was revenue (or lack thereof):
Unfortunately, even with great traffic and strong user loyalty, a business can’t survive and grow without a steady stream of revenue to support it. In these historically difficult economic times, online ad revenue has plummeted and venture capital funding has dissolved. JuicyCampus’ exponential growth outpaced our ability to muster the resources needed to survive this economic downturn, and as a result, we are closing down the site as of Feb. 5, 2009.
Well, it’s hard to get advertisers on a site where students slam one another.
In the end: JuicyCampus = Just another drop-out
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