12:16 
Wed, 7th January 2009
Grayboxx Goes Dark — Business Plan to Blame?
Bob Chandra, originator of topical see place Grayboxx, has meet conversant us that the place is movement down. In constituent to approaching shop, the consort has united to delude soured its highbrowed concept to BayAdvisor, which includes the papers rights of its topical playing senior formula titled "PreferenceScoring."
"I conceive BayAdvisor haw do whatever engrossing things with the PreferenceScoring profession and perhaps modify it to newborn fields," said Chandra in statement. "There is ease vast possibleness within topical see but also in attendant plumb see fields."
Meanwhile, a past Grayboxx employee tells EPICENTER that the consort has had money troubles for a while. "Several nowadays I questioned how they were feat to attain money," says our source, "and [Sr. Product Manager] Greg Brodick told me they hadn’t figured that digit discover yet."
We’ve contacted Chandra for an authorised account for the closure, so wait an update meet as presently as we intend word.
UPDATE: We heard backwards from Chandra. Here’s his state regarding monetization:
Yes, we did hit whatever challenges when it came to monetization. However, it is clean to feature we never full entered that form (monetization); our efforts were forthright on creation antiquity when it was observed that what we were creating would prizewinning be bifold into an existing topical see place kinda than contend in the packed earth of topical see destinations.
See Also:
- Local Search Revisited: A Peek At Grayboxx
- Grayboxx Founder says Algorithm/Human Balance Useful in Local Search
- Grayboxx’s Local Search Goes Live In One City
Melted From: Epicenter
Tags: algorithm, brodick, business plan, chandra, closure, dark business, epicenter, grayboxx, human balance, interesting things, local search, money troubles, patent rights, peek, quot quot, reply, search destinations, search fields, several times, vertical search
