Two really interesting articles on Readability's failed author payment plan:
The comment thread on the blog post is particularly interesting. I think it was a nice idea (and not 'the most egregiously unethical startup in Internet history' as the first commenter said) but it does seem a little bit naive. The main problem seems to be that with millions of domains, and only $150,000 collected, the return for the majority of publishers was always going to be too small to be worthwhile signing up for. I also think they should have seen this coming, and had contingency plans in place. While I think giving the money to charity is a noble-sounding idea, I think what they really should be doing is returning the money to the people who gave it to them in the first place.
- An Important Announcement (Readability blog post)
- Lessons from the Failure of Readability’s Author Payment Plan