Does this mean that meetup.com will actually stop being terrible now? They've been stagnating and coasting on their market share for years.
Then six months later we sold the company, whoopsie-doodle.
Not to be too critical though, they've created a lot of value for a lot of people, and especially so for me when I moved to NYC. (No good meetups in my podunk hometown of Pensacola...).
I don't know if this is market failure or what, but if anybody wants to create a better replacement HMU.
As for building a new one, would be interesting to explore which angle on the market do you tackle? Eventbrite? FB groups? etc.
Still, a better one might exist, and since there's no friendsters on Meetup (tmk) switching costs are lower if people only need to create an account and join a group (i.e. where Meetup pretty much stopped developing).