Edgeio shutting down

Looks like Edgeio is shutting down. That's too bad, I liked the idea of supporting decentralized listings of offers. I suppose being a centralized aggregator wasn't the way to go.

Good quotes from Michael Arrington's (a co-founder) comments:

# Andrew
December 7th, 2007 at 12:31 am
what exactly did you spend 5 million dollars on?

# Michael Arrington
December 7th, 2007 at 12:32 am
Andrew - parties, scotch, hookers, blow. you know, the usual.