Created Wed 7th Jan 2009 6:09pm PST by 
frankfruit
frankfruit Will Pajamas Media (aka Open Source Media) survive 2009 without a fresh capital infusion?
Background: Pajamas Media (originally named Open Source Media) is a right-leaning network of politically-focussed blogs founded in 2005.
http://en.wikipedia.org/wiki/Pajamas_Media
Will Pajamas Media survive 2009 without taking on fresh capital? Answers "no" if PM goes out of business in 2009, or takes a major investment. Answers "yes" otherwise.
Odds, are based on:
pros: no rumors of the company imploding, most of the sites PM supports have been doing well, the cost structure is fairly low, and the company has been rolling out lots of new features rather than going through the sort of cost-cutting that usually precedes implosion.
cons: most VCs do not invest for years of burn rate, the ad market is very sensitive to broad market swings, the country has swung heavily to the center (or even left) in the years since PM's founding, and recent paperwork suggests the company's management is no longer actively filing all mandatory corporate filings (http://en.wikipedia.org/wiki/Pajamas_Media#History)
http://en.wikipedia.org/wiki/Pajamas_Media
Will Pajamas Media survive 2009 without taking on fresh capital? Answers "no" if PM goes out of business in 2009, or takes a major investment. Answers "yes" otherwise.
Odds, are based on:
pros: no rumors of the company imploding, most of the sites PM supports have been doing well, the cost structure is fairly low, and the company has been rolling out lots of new features rather than going through the sort of cost-cutting that usually precedes implosion.
cons: most VCs do not invest for years of burn rate, the ad market is very sensitive to broad market swings, the country has swung heavily to the center (or even left) in the years since PM's founding, and recent paperwork suggests the company's management is no longer actively filing all mandatory corporate filings (http://en.wikipedia.org/wiki/Pajamas_Media#History)
Settlement details:As reported by a major mainstream news source.
Forecast history %
| Yes |
| ||||
| No |
|
Question suspends in 41 weeks
- Activity: H$5,761 |
- Predictions: 8 |
Comments: 1
Suspend date: Fri 31st Dec 11:59pm PST (41 weeks to go)
Initial likelihoods: Yes: 75%
Action history:
Created Wed 7th Jan 2009 6:09pm PST by frankfruit
frankfruit 
Suspend date: Fri 31st Dec 11:59pm PST (41 weeks to go) details 
Get widget!Predictions (8)
neverlupus
predicted Yes (H$100 at 74%)
horsefeathers
predicted Yes (H$50 at 74%)
sdchargers![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted No (H$321 at 26%)Comments (1)
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