This recent news article regarding About.com's sale will show you the potential of the network I'm trying to build... this may help some of you understand the concept of what we're building. yes, it may take a while to build it to About.com's size and audience, but I'm focused on the finish line.
http://news.yahoo.com/news?tmpl=stor..._primedia_dc_1
Quote:
Primedia's About.com Up for Sale -- NY Times
Tue Feb 8, 1:32 AM ET
NEW YORK (Reuters) - Publishing company Primedia Inc. (NYSE:PRM - news) has put About.com up for sale and final bids for the Web site are due on Tuesday, The New York Times reported.
The newspaper, citing executives close to the auction, said five companies plan to bid for About.com and the asking price is $350 million to $500 million.
The newspaper said Google Inc. (Nasdaq:GOOG - news), Yahoo (Nasdaq:YHOO - news), The New York Times Co. (NYSE:NYT - news), the AOL unit of Time Warner Inc (NYSE:TWX - news). and Ask Jeeves Inc. (Nasdaq:ASKJ - news) planned to submit final offers.
A representative for Primedia could not immediately be reached for comment on the article.
Google, Yahoo, New York Times Co., AOL and Ask Jeeves could not immediately be reached for comment.
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If you know how About.com started, you would see that we're building our blog network with a similar grass roots foundation. I remember meeting with some of the early about.com members/founders and was very intrigued with their concept, but was too busy working on my mainstream site. But one key thing I remember is that everyone involved in the beginning enjoyed the traffic/revenue share etc, and possibly stock options down the road.
If you're not sure how this connects to blogs, look deeper.
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