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It’s always sad to hear when companies shutdown. The Performancing blog just announced that the partners are shutting the website down. It seems that their revenue model did not work. They tried to market Blog Advertising and revenue sharing but that didn’t seem to work. I read the DIGG posts on it. Performancing had offered something akin to Google Analytics and Adsense and was almost bought by another site - PayPerPost.com. I actually like their FireFox Plugin for bloggers and used it for a while.

So their bubble just burst.