MySiouxFalls.com calls it quits:
http://dakotawarcollege.com/?p=2979#comments
Does this surprise me? No. I’m not going to point fingers at the creators, but I will say this. If you are trying to make money on the internets:
#1. It takes a lot of time and dedication.
#2. You should use a minimal staff that usually exist of 3 employees; me, myself and I.
#3. Minimal investment (in case it crashes all you are out of is your time.
I don’t think the public (especially South Dakotans) are ready for a web based news organization. Since only about 7% of them get their news from the web.
Don’t get me wrong, it is the only place I go. I only subscribe to 2 printed mags: The Hightower Report and Funny Times. Everything else I get online. It is a great concept, but until we get younger and more internet savvy in South Dakota, this will never work. I think the NY Times has even had some problems with there internet based news. It is hard to make $$$ at it. Most bloggers have other jobs to pay the bills.
I’ll give them credit for trying, but . . .