Here's another view of the fracas, from outside

[mdlbear]

Live Journal Attacked by Inocents (?) by panGloss

A rather more likely rumour is that LJ at first held firm, confident they were protected by the CDA, but panicked when WFI began going round their advertisers suggesting that LJ was not a nice place to hang out. This seems to have lead to a rather panicky surge of deletions of communities and journals. A more helpful approach would probably have been to have identified, before deletion or suspension, which communities were at least devoted to incest survivor support, and spared them the trouble of protest.

There are several opinions expressed that I don't agree with, but then it's an outsider. Some of them are answered in the comments, so keep scrolling.

Comments

[randwolf.livejournal.com]

Has anyone who actually knows said that WFI or a potential IPO had anything to do with this? Really, until we get some hard information, this is all rumor.

[mdlbear]

Check out the update link in my previous post -- the WFI connection is pretty solid. The IPO is just a theory at this point, but it's plausible that they're thinking ahead in that direction.