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One-time Flipboard rival Flud prepares to close its doors

July 31, 2013

In an email which was sent out to its users, Flud CEO Bobby Ghoshal confirmed that the firm will look to sell its technology and intellectual property, but didn’t detail the reason behind its exit from the marketplace.

“Flud managed to capture the hearts of millions of you all around the world and we thank you for giving us the opportunity to work for you, every day, for the past three years,” wrote Ghoshal.

“We also want to thank our investors and advisors for believing in our team and our vision, they were instrumental in giving the Flud team a shot.”

Despite being one of the first news aggregators to launch, Flud remained niche [...]

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