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Chronicles

The story behind the story

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Andy Baio crowdfunds $30,000 in 90 minutes to relaunch community event site Upcoming

Serial co-founder Andy Baio re-introduced Upcoming, the collaborative events site.  Purchased by Yahoo in 2005 and shutdown last year, Baio is relaunching the site via Kickstarter.

The Next Web Roberto Baldwin

Context & Ripple Effects

Upcoming is a rare case of a founder getting his site back from the acquirer's graveyard: Yahoo bought the collaborative events site in 2005, starved it, and shut it down last year, a decline Andy Baio documented plainly in his 2013 eulogy for the service. A year after writing that obituary, he is relaunching it himself — and the market signal was immediate, with backers committing $30,000 inside 90 minutes on Kickstarter.

The pickup was modest but telling: Cult of Mac, Turnstyle, and Waxy.org all carried it on the day, with Baio's own blog amplifying it. The story matters less as a funding round than as proof that a dormant community property retains enough residual loyalty to be crowdfunded back into existence rather than rebuilt by an incumbent.

First-order effects

  • Baio exits with a fully funded mandate and no investor gatekeeping — $30,000 raised in 90 minutes means the rebuild proceeds entirely on his terms and timeline.
  • Yahoo's decision to shut Upcoming last year now looks costlier reputationally: the community it abandoned has demonstrated it will pay to have the site back.

Second-order effects

  • Kickstarter gains a fresh template beyond gadgets and games — founder-led rescues of shut-down web services — which other displaced community-site owners can copy directly.
  • Incumbents holding similar neglected acquisitions face a new benchmark: if they won't maintain a community asset, its founder or users may fund a competing revival out from under them.

Third-order effects

  • If founder-led crowdfunded revivals keep working, the lifecycle of community websites shifts toward what amounts to an archive replenishment loop — properties cycling between corporate ownership, abandonment, and grassroots resurrection — weakening the assumption that an acquirer's shutdown is permanent.
  • It also strengthens the case for platforms like Kickstarter and Indiegogo as arbiters of which dormant services deserve a second life, inserting crowd demand signals into decisions that used to belong solely to the company holding the domain.

The trend: Founders of shut-down community sites are increasingly bypassing corporate buyers and using crowdfunding to reclaim and relaunch their own abandoned products.