This past weekend, Michael Arrington reported, Thoof, an Austin-based social news site took a dirt nap. It shouldn't come as a surprise to our readers. Stacey had the scoop way back in January that the company started by Ian Clarke (one of the founders of Revver) was up for sale, slip sliding away into oblivion.
Thoof wanted to create a Digg like service by observing people's click stream and the after The company had raised some seed funding from Austin Ventures and others. It had hit the peak (in traffic terms) during October 2007 and then slip sliding away. Thoof website now redirects to Reddit, one of the popular social news site, now owned by CondeNast.
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