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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 02-09-2005, 08:11 AM   #1
pradaboy
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News: About.com for sale $350-$500 million...

whoah, just read that About.com is up for sale. Google, Yahoo, NY Times, AOL and AskJeeves are said to be battling about About.com. Targeted price is said to be between 350 and 500 million dollar. Complete story here:

http://news.yahoo.com/news?tmpl=stor..._primedia_dc_1
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Old 02-09-2005, 08:12 AM   #2
Juicy D. Links
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Damn talk about some $$$$$$$$
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Old 02-09-2005, 08:13 AM   #3
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nice amount of cash, I wonder what domain haz the biggest value
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Old 02-09-2005, 08:14 AM   #4
Harmon
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That's a sizable chunk of change. Daaaamn!!
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Old 02-09-2005, 08:16 AM   #5
pradaboy
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Originally Posted by e-god
nice amount of cash, I wonder what domain haz the biggest value
I don't think it's purely based on the domainvalue... there's an entire developed concept/site behind it
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Old 02-09-2005, 08:17 AM   #6
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jebus, a lot of money there.
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Old 02-09-2005, 08:18 AM   #7
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pffft fucking dot com's... it'd be interesting to find out what kinda profit about.com is making...
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Old 02-09-2005, 08:19 AM   #8
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great post... and yes, that domain is not really a factor... it's all the content/biz model/traffic/revenue.

.
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Old 02-09-2005, 09:49 AM   #9
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Doesn't suprise me, that site has been online since ever and ITS FUCKING HUGE!
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Old 02-09-2005, 09:51 AM   #10
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I'll take two !!

What's their epass address ?
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Old 02-09-2005, 09:53 AM   #11
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I'll take two !!

What's their epass address ?
[email protected]
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Old 02-09-2005, 10:03 AM   #12
NinjaSteve
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Wow that's insane. I hope they keep all the popups! I love it!
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Old 02-09-2005, 10:07 AM   #13
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I'll take two !!

What's their epass address ?
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Old 02-09-2005, 10:41 AM   #14
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Walter sold 'em the about.com domain a few years back. Wonder if he had shares...
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Old 02-09-2005, 10:49 AM   #15
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Quote:
Originally Posted by pradaboy
whoah, just read that About.com is up for sale. Google, Yahoo, NY Times, AOL and AskJeeves are said to be battling about About.com. Targeted price is said to be between 350 and 500 million dollar. Complete story here:

http://news.yahoo.com/news?tmpl=stor..._primedia_dc_1
and if any of those companies pay that much money for about.com that will be their downfall.
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Old 02-09-2005, 10:51 AM   #16
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pffft fucking dot com's... it'd be interesting to find out what kinda profit about.com is making...

prolly not that much... not worth 350+ million thats for sure. This is one of those cases that one company doesn't want the other to have it. In the end the one who wins the bidding war is going to be fucked.
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Old 02-09-2005, 10:54 AM   #17
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I'm ABOUT 350 million short on buying it
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Old 02-09-2005, 10:56 AM   #18
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I remember when they launched, they sent emails out because I received one about it. They've come far in a short time.
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Old 02-09-2005, 10:58 AM   #19
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Google is shitting their pants at the thought that KRL might start bidding for this
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Old 02-09-2005, 11:00 AM   #20
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WOW..........thats some chunk of change
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Old 02-09-2005, 11:08 AM   #21
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I think Google will get it (obviously depending on the price). They've already bought out sprinks.com from Primedia in their prime and I have a feeling About.com will fall into Google's business model quite nicely. Let's see if the other players will step up to the plate cash wise now

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Old 02-09-2005, 11:28 AM   #22
pradaboy
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prolly not that much... not worth 350+ million thats for sure. This is one of those cases that one company doesn't want the other to have it. In the end the one who wins the bidding war is going to be fucked.
it might not be a wise acquisition (not judging it) but I surely doubt that 350 million will make Google go boom lol. Both of the founders have more in their pocket than that
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Old 02-09-2005, 03:05 PM   #23
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MS or AOL may buy it just to keep it out of Google/Yahoo's hands. I'd buy it but I just cut up my AMEX Black card.

I love the internet... the tech market is back again!

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Old 02-09-2005, 04:03 PM   #24
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about.com makes MAD coin in CPM ads... still do to this day. The concept is good, it has to be mismanagement and such that is forcing them under. Overspending on useless shit.
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Old 02-09-2005, 04:05 PM   #25
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someones 'bout to retire nicely
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Old 02-09-2005, 04:08 PM   #26
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about.com makes MAD coin in CPM ads... still do to this day. The concept is good, it has to be mismanagement and such that is forcing them under. Overspending on useless shit.
they used to do VERY well back in the days with their banner ad network lunarnetwork (must be something else) or whatever it was called... CPM's of $100+ and I'm not kidding =)

Last edited by Nima; 02-09-2005 at 04:10 PM..
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Old 02-09-2005, 04:32 PM   #27
pradaboy
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MS or AOL may buy it just to keep it out of Google/Yahoo's hands. I'd buy it but I just cut up my AMEX Black card.

I love the internet... the tech market is back again!

.
ah common' man... break your piggiebank and make Google cry
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Old 02-09-2005, 05:00 PM   #28
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i wish i had time machine
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Old 02-10-2005, 09:20 AM   #29
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I need taht money :D
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Old 02-10-2005, 09:31 AM   #30
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and if any of those companies pay that much money for about.com that will be their downfall.
^^ Utter bullshit, seems like you don't know much about the site discussed
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Old 02-10-2005, 02:01 PM   #31
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That's insane...
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Old 02-10-2005, 03:34 PM   #32
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they are annoying.
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Old 02-10-2005, 04:10 PM   #33
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Google / whomever will buy it and include About.com search listing results higher so they keep the surfer / own the site the surfer is going to for additional ad revenues..

Matt
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Old 02-10-2005, 04:27 PM   #34
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hmmm... where is KRL?
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Old 02-10-2005, 04:28 PM   #35
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and if any of those companies pay that much money for about.com that will be their downfall.
not if they pay with stock
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