Valleywag rocks here is why
Valleywag is one of the more important places that we go to when we just need a good laugh. They take the edge off web 2.0 in ways that only a gossip rag could, meaning they are good for business, and they are good at keeping things in check.
What is interesting too is when Valleywag makes it to the top of Techmeme because they went rumormonger about Facebook’s owner Mark Zuckerberg sold 40 million dollars worth of internal stock. Of course, this is a story that one could not pass up, if this had been a real scoop rather than just a rumor, then that would have been something good.
Unfortunately, the story is false, but the web 2.0 world is quick to notice the idea that Valleywag was wrong.
Like check out this one breathlessly posted at 2 in the morning where Owen claimed Mark Zuckerberg had sold some of his share in Facebook, which turns out not to be true. So, half a day later, Owen penned this groveling apology in which he tries to blame the whole thing on Facebook insiders who apparently gave him some bad dope. Source: Fake Steve Jobs
And
Oh, my. Turns out that Valleywag printed a rumor about Facebook’s founder that turned out not to be true. That isn’t all that different from the average Valleywag post but this one got picked up by a bunch of bloggers who drove it to the top of TechMeme (now the retraction is on the top of TechMeme, which demonstrates that there is a self-correcting function there). My friends and I have been comparing notes about what kinds of things get onto Valleywag and why we all love reading Valleywag (the insiders, at least, normal people have no interest in a Silicon Valley gossip rag). Source: Scobleizer
In all it makes some interesting reading, and there is nothing wrong with Valleywag, they serve an important niche, one that is very needed in the market place. They are the place to go for a good laugh, they are a gossip rag like TMZ, or like Internal Memo’s or f*cked company was in the older days.
We also like reading them, because they are the way that they are. When you get into the level of blogging/gossip rag that they are at, this is no different than when a engadget’s article wiped out 4 billion dollars worth of apple valuation on a bad rumor in an afternoon.
Go easy on them; we need Valleywag as much as we need techmeme, read write web and everyone else.


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