Post, a news-oriented social network, announced that they are shutting down soon.
It is with a heavy heart that I share this sad news with you. Despite how much we've accomplished together, we will be shutting down Post News within the next few weeks.
We have done many great things together. We built a toxicity-free community, a platform where Publishers engage, and an app that validated many theories around Micropayments and consumers' willingness to purchase individual articles. We even managed to cultivate a phenomenal tipping ecosystem for creators and commenters.
But, at the end of the day, our service is not growing fast enough to become a real business or a significant platform. A consumer business, at its core, needs to show rapid consumer adoption and we have not managed to find the right product combination to make it happen.
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