This is a well-written, heart-wrenching article by writer and coder Andy Baio, of Portland, Oregon, organizer of XOXO, builder of Playfic and Supercut, and one of the builders of Kickstarter.
http://waxy.org/2013/04/the_death_of_upcomingorg/"In hindsight, selling Upcoming to Yahoo was a horrible mistake. Selling your company always means sacrificing control and risking its fate, and as we now know, online communities almost always fail after acquisition. (YouTube is the rare exception, albeit one with billion-dollar momentum.) But Yahoo was a particularly horrible steward for [upcoming.org] the community." -- Andy Baio