Former ModernTales creators with a greater online presence than I will probably speak with more authority on the soon-to-be shuttering of the site. Others with a greater online presence than I who weren’t part of ModernTales will probably write a poorly disguised “I told you so.” blog post to go under their one thousand and fourteenth comic about someone else’s ideas.
ModernTales had a lot of top grade talents. If you measure success by how close they got to drawing Spider-Man, and thus getting mentioned at Wizard Magazine’s spiritual successor Newsarama, a number of alumni did that. If you measure success by getting published… With real paper even!… they did that as well. Success as measured by how deep everyone’s wallets became? C’mon son. This is comics we’re talking about here. Only four people per generation are allowed to do that.
If you measure success by the amount of pure examples of the best stuff comics creators can produce when given the space -and most importantly: the encouragement of good people- then “Success” was ModernTales’ middle name.
It didn’t like being called “Modern Success Tales” because it sounded like it was going to sell a pyramid scheme to you right after it introduced itself. ModernTales was far too honest a being and too worried about how you felt about it to do that.
I also understand there was some occasional online drama associated with it, but I wouldn’t know anything about that.