FANDOM


  • From looking at "About FANDOM" in the Internet Archive, it looks like in early May 2018 Craig Palmer got fired.

    I could find no news on Google about this changeover, but it seemed to coincide with a round of investment by TPG Capital... which makes it sound more like a takeover, since Andy Doyle works for TPG Capital.

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    • TPG Capital has majority ownership in Fandom, putting the value of Fandom overall at $200 million USD. As a result, they needed new people to drive Fandom forward, fresh blood.

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    • That makes no sense. It seems like Craig Palmer put FANDOM in position to get this funding. Also, unexplained leadership changes rarely garner confidence.

      I just hope it isn't a leveraged investment.

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    • There are 2 articles that indicate a lot of info. With the two articles in mind, TGP capital purchased 53% of Fandom, although it sold other shares before. Parts of the previous stuff appeared to be leveraged although this investment is set to driven information on the internet to be better paths.

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    • Well, hopefully the largest part of the investment is not leveraged. Leveraged investment is more like debt, unless growth is significant after the investment.

      Needless to say, I have no idea what Andy Doyle's qualifications to run FANDOM would be.

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    • What I'm hoping for the new CEO is to not make even more ridiculous ideas like news and stories below the Fan Feed. However, I'll be a bit confident with him and see what he can do as a CEO.

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    • JustLeafy wrote:

      What I'm hoping for the new CEO is to not make even more ridiculous ideas like news and stories below the Fan Feed. However, I'll be a bit confident with him and see what he can do as a CEO.

      I get the feeling no CEO was involved with any of the recent (meaning last 5 years or so) UI changes. Also, this recent investment is likely with the expectation of quickly driving up revenue which probably means MOAR ADS!

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    • Andrewds1021
      Andrewds1021 removed this reply because:
      applicable message has been removed
      22:13, June 23, 2018
      This reply has been removed
    • Looks like Jenburton has also been fired, and apparently "Nearly all of FANDOM’s editorial and video staff"

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    • Apparently I can't save the post with a link: twitter.com/jackdrat/status/1029428400732033024

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    • Interesting. Though I wonder if Jenburton's removal was actually related. That tweet was on the 14th, yesterday. According to the logs, Jenburton has staff privileges removed on the 6th, more than a week ago. It would seem odd to do that and then take a week to make the announcement.

      It doesn't do any good to speculate too much though. Wikia will (and should) never tell.

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    • Andrewds1021 wrote:
      Interesting. Though I wonder if Jenburton's removal was actually related. That tweet was on the 14th, yesterday. According to the logs, Jenburton has staff privileges removed on the 6th, more than a week ago. It would seem odd to do that and then take a week to make the announcement.

      It doesn't do any good to speculate too much though. Wikia will (and should) never tell.

      What annoucement? other than a tweet from an affected person?

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    • I think he means the internal announcement to the laid off staff?

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    • Tupka217 wrote: I think he means the internal announcement to the laid off staff?

      Yes, that is what I meant. I wouldn't expect a company to publically announce layoffs to their user/customer base.

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    • A FANDOM user
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