Well there is plenty of money flowing around the blogging community today with VeriSign buying Weblogs.com for a rumored $2-$5 million. Weblogs.com is (or was) Dave Winer’s baby.
VeriSign explain their intentions for Weblogs.com:
“First, we want to see weblogs.com remain what it is, and maintain how it works for the long term. There’s enormous value for the ecosystem in realizing Dave’s original vision for his ping server: a free, standards-based service that is easy to use, and effective in signaling to the world at large that you’ve submitted new content into the system. Here are some attributes that we intend to preserve and extend for weblogs.com:
1. Free
2. Open
3. Solid
4. Informative”
Found via Blog Herald, Scobleizer and Siliconbeat
i my opinion they are getting ripped off 2-5million for that network is not much at all, I would say 20 to 25 mill would be about right.
AOL paid $25 MM
– http://publications.mediapost.com/index.cfm?fuseaction=Articles.showArticleHomePage&art_aid=34918
– http://www.cbsnews.com/stories/2005/10/06/tech/main923109.shtml
– http://www.forbes.com/home/digitalentertainment/2005/10/06/media-blogs-entertainment-cx_pk_1007blogs.html