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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)

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
Yes
74%
No
26%
Question suspends in 1 year

Suspend date: Fri 31st Dec 2010 11:59pm PST (1 year to go)

Initial likelihoods: Yes: 75%

Action history:

Created Wed 7th Jan 6:09pm PST by frankfruit

Suspend date: Fri 31st Dec 2010 11:59pm PST (1 year to go) details

 

Predictions (7)

31 weeks ago
ianarosh predicted Yes (H$100 at 74%)
43 weeks ago
horsefeathers predicted Yes (H$50 at 74%)
44 weeks ago
horsefeathers predicted No (H$20 at 28%)
45 weeks ago
sdchargers[Power User] predicted No (H$321 at 26%)

Comments (1)

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