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Why is this happening?

Not why is he wanting out but why is he selling it instead of passing the torch to a trusted friend or respected member of the community?

I just don't understand the need to "cash in" as opposed to handing it off to someone he can trust to carry on the traditions that Dakka Dakka has come to be known and respected for?

Just seems like a shady thing to do there is no telling what type of person will be purchasing the site. It could be a complete and utter tool (Not saying this is the case but open auction is up for anyone.)

Oh well I guess the best we can do is sit back and wait and hope that who ever buys the site will not run Dakka into the ground.

We already have three threads open on the auction. One here in Dakka discussions and two in News and Rumors. Feel free to re-post this question in one of those threads.