July 18, 2013
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Xanga Survival Speculation Update #2: Two Weeks Left – Current Pledge Drive Progress Status
The new July 31st deadline date leaves us with two weeks remaining of the pledge drive.
Current stats are 587 donors and a pledge level of about $41.5K
Health of the pledge drive is fairly decent. The pledge drive hit the 50% market when 50% of the time was remaining. The additional two weeks added to the pledge drive puts the current 6 week mark at the 75% time spent level.
$41.5K/$60K x 100 = ~69.2%
To be at the 75% level would require the pledge drive amount to be at $45K. So being just $3.5k off isn’t bad especially if the heavy hitter donors haven’t stepped in yet.
We were supposed to be getting a look at “Xanga 2.0″ mock ups and a software app/checker to determine which blogs would be moving, but we’re still waiting on those items.
Since the schedule is sliding, I wonder how “hard” the deadline date is? Guess we’ll be finding out in two more weeks…
Comments (2)
I don’t know why but my feed has been so quiet it’s not even funny. For myself, I hardly log on here anymore. The extension of the funding, lack of communication, etc. made me think that this site isn’t well managed. I have a feeling it will be super boring after Xanga 2.0 takes off. People seem to stop posting and are moving away.
@beowulf222 - I’m willing to bet this so-called relaunch will be boring because most have already jumped ship for many reasons. The Xanga Team is partly to blame for the hysteria and the constant pressuring of Xangans to pledge. If people, who have the money are willing to pledge, that’s fine. However, The Xanga Team has divided and scared away so many Xangans over money, they’re lucky to have any Xangan veterans on the relaunch. The Xanga Team is starting to resemble bill collectors because they keep pressuring us for money.