LiveJournal's boisterous users taxed Six Apart's already stretched management. Fan-fiction writers, whose output was often not for the squeamish, made the site a home. So-called "griefers," apparently dissatisfied with a tightening of site policies, published executives' Social Security numbers. Founder Brad Fitzpatrick noisily quit the company to join Google. Users mocked an ill-conceived advertising campaign by sending then-CEO Barak Berkowitz 527 virtual "gifts" of Diet Pepsi Max icons, defacing his profile.

Berkowitz stepped down in September, replaced by Chris Alden, an executive who ran the company's money- and sense-making business, the paid blogging products TypePad and Movable Type. With the sale of LiveJournal, Alden's reign looks likely to be far less entertaining than Berkowitz's. That's a good thing for Six Apart, if not for gossips.

As for LiveJournal, Sup has made grand promises about respecting the community and appointing an editorial advisory board. Sup already operates the Russian-language version of the site, and is run by Andrew Paulson, an American entrepreneur. But let's be real: This is a company operating in Vladimir Putin's Russia, where the media increasingly is falling under state control, either explicitly or tacitly. One does not need to be a conspiracy theorist to find this prospect discomfiting.

Whatever happens to LiveJournal and its users won't be Six Apart's problem. Ben and Mena Trott, Six Apart's founders, are far too polite to say this about their LiveJournal adventure. But they should: "Goodbye, and good riddance."

All of these parties are roughly the same, aren't they? Show up, get your nametag, politely chitchat with people while figuring out if you can use them to further your own ambitions, have a few free drinks, and then go in the corner to whip out your cellphone and send text messages to people you'd rather talk to.

But one thing made it different — the crowd Shipley attracts.

At least the Demo-alumni requirement scared off the worst of the usual crowd of hangers-on. The guests here were mostly entrepreneurs who actually have started a company or two, like Kim Polese, ex-CEO of Marimba, recently seen at last week's LinuxWorld conference, and Munjal Shah, CEO of Like.com, the latest incarnation of Riya. More than a few blogger/journalists personalities appeared, like Oliver Starr, late of TechCrunch offshoot MobileCrunch, currently with TechCrunch rival BlogNation, and new Rupert Murdoch underling Don Clark of the Wall Street Journal, who has an annual tradition of playing the Demo conference with his band.

And then there was a trifecta of Valleywag megafans: John Furrier, CEO of PodTech; Red Herring publisher Alex Vieux; and Barak Berkowitz, CEO of Six Apart. All three were delighted to see "Valleywag" on my nametag. Vieux couldn't wiggle away from me fast enough. "Ask Owen why I can't talk to you," Berkowitz snarled as he stalked away. Yet another example of Six Apart failing to engage in transparent communication, as far as I can tell.

The talk of the party, of course, was the looming shadow of next month's TechCrunch20 conference, the Demo copycat from TechCrunch editor Michael Arrington and Mahalo founder Jason Calacanis. Although I wonder if Chris Shipley and the rest of the Demo team should be as worried about the upstart conference as Arrington and Calacanis would like them to be. As one partygoer put it to me: "You know what they say, imitation is the sincerest form of flattery. Chris has a lot of imitators, like that one guy, oh, I'm blanking on his name ... TechCrunch ... Arlington, Michael Arlington."