A promising open-source company bites the dust

Posted by Scott_Ruecker on Sep 28, 2008 2:16 PM EDT
C-Net News; By Matt Asay
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Ringside Networks was a very cool company - one of the best new open-source companies, as I wrote earlier this year. The company had a dream similar to Ning's - to make social networking-type applications an integral part of a wide array of websites and enterprises. This past month, however, even as Ning neared 500,000 social networks (at least one of which is not used for porn! Go figure!!), Ringside went down for the count.

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