According to a memo from Gawker exec Lockhart Steele (is that someone’s real name?) that was posted by Dealbook at the New York Times, Little Nicky was given the axe because he a) refused to stop giving interviews; b) refused to stop acting like he was a big player in the Valley scene; c) refused to stop mouthing off about how he really wanted to get sued, or d) all of the above.
Anytime a writer settles in too closely with the subjects he/sheâ€™s writing about, there comes the inevitable tradeoffs: favor trading, and an elevated sense of oneâ€™s own importance to the field at hand. Both, to some degree, ended up being the case here. We were also concerned by Nickâ€™s repeated misunderstanding of the purpose of our sites.
Meanwhile, Nick Denton has made up for lost time by taking a few whacks at Federated Media’s John Battelle, as well as InterActive Corp. supremo Barry Diller, who Nick suggests is a) gay (although married) and b) interested in young men. Oh yes, and then there was the wonderful Dave Winer and NakedJen item. So much for cutting down on the sex at Valleywag, Nick.