The popular college gossip site JuicyCampus.com will come to an end Thursday because of its inability to support itself financially.
JuicyCampus.com is a website that has catered specifically to college students, allowing them to post anonymous and uncensored gossip about fellow classmates.
Over the past year and a half, JuicyCampus.com has obtained a strong following of college campuses across the nation, expanding their site to include over 500 schools.
According to a statement released by Matt Ivester, founder and CEO of JuicyCampus.com, America's poor economy is to blame for the collapse of the site.
In these historically difficult economic times, online ad revenue has plummeted and venture capital funding has dissolved,"" he said in the statement.
Ivester also said he believes JuicyCampus.com raised important issues and hopes that type of communication will continue.
However, Ivester admitted he will not miss the personal attacks often made on the site and instead hopes the site will be remembered as a ""fun, lighthearted"" place for college gossip.
