Valleywag
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jeff gerstmann
Ousted CNET editor and CEO return for vengeance
GiantBomb is a new gamer blog edited by Jeff Gerstmann, the CNET GameSpot editor fired last November over his negative — or "unprofessional," if you want the official version — reviews of an advertiser's game. GiantBomb is part of WhiskyMedia, a small startup run by Shelby Bonnie, who himself was forced out as CNET's CEO two years ago, after an investigation fingered him in a stock-options backdating scandal. Bonnie told Bits that he's not out to build another CNET: “Our goal is we want to remain less than 10 people." Valleywag's publisher used to talk like that, too. -
cnet
Quincy Smith's one big idea
CNET has been eyed by Quincy Smith, CBS's hyperacquisitive online chief, long before he sealed a $1.8 billion deal to buy the company. As a banker at Allen & Co., CNET was his client. "At one point, he wrote this major presentation about how valuable content was," a tipster tells us. "The single example in it was CNET. It was basically his only idea." An unfair dig? Perhaps. There is little like CNET on the market — a pure play on professional online content worth $1.8 billion? It can't be found. But the lack of a direct competitor may have also been CNET's undoing — the mixed blessing that brought it under attack by activist investors and led it to CBS's waiting arms. More »
10:40 AM on Thu May 15 2008
By Owen Thomas
1,510 views, 5 commentsLatest by jpelline: Halsey *built* a horse farm, while Shelby inherited one. (Shelby's family is a longtime horse family from Kentucky). But Halsey more »
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silicon valley tool
Buy CNET or the terrorists will have won
Reformed stock promoter Henry Blodget has a suggestion for CNET: Take it private, with the help of former CEO Shelby Bonnie. An excellent idea. From all we hear, morale couldn't be lower at the tech-news portal. And current CEO Neil Ashe isn't helping matters. His idea of a pep speech? "We should be more like Al Qaeda," he told an assembly of employees. You mean, hated by everyone on the planet? Judging from how his underlings feel, Ashe is getting a head start on that project inside his own offices. Cheer up, Neil! You just won the latest prize for being a Silicon Valley Tool. -
cnet
Background: Who's pulling the strings at CNET?
CNET employees loved CEO Shelby Bonnie, according to the San Francisco Chronicle (and a CNETter confirms to me that there was loyalty since he'd been at the company since Day One). So it was a shock when he seemingly fired himself this week over overseeing improperly backdated stock options. More »
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