1 Man Blog Sells for $15 Million Dollars !

Discussion in 'Blogging' started by kanda, Oct 4, 2008.

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  1. #1
    kanda, Oct 4, 2008 IP
  2. pixeladd

    pixeladd Banned

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    #2
    John chow didnt own the blog mate, he had nothing to do with it, it was john Wu
     
    pixeladd, Oct 4, 2008 IP
  3. mtsandeep

    mtsandeep Active Member

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    #3
    The name doesn't matter for me. $15M is unbelievable.
    Yes that really give us a push to write original and good contents in the blog.
     
    mtsandeep, Oct 4, 2008 IP
  4. Steupz

    Steupz Peon

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    #4
    this is for real?
    Damn, I'd take 15000 for mine
     
    Steupz, Oct 5, 2008 IP
  5. anshul555

    anshul555 Active Member

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    #5
    Check the Blog it has google back link 892 but yahoo backlink 0:confused:

    How it is
     
    anshul555, Oct 5, 2008 IP
  6. scubita

    scubita Peon

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    #6
    That's a huge amount of money! How will they get their investment back?
     
    scubita, Oct 5, 2008 IP
  7. Dean_Saliba

    Dean_Saliba Notable Member

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    #7
    Congratulations to Johns Wu.

    I think this will spark yet another wave of people starting up blogs in the hope of making money and then abandoning them when it does not make them a cent.
     
    Dean_Saliba, Oct 5, 2008 IP
  8. kanda

    kanda Peon

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    #8
    The sound like John woo Chinese movie director.
     
    kanda, Oct 5, 2008 IP
  9. muhammad arif

    muhammad arif Well-Known Member

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    #9
    Thats really huge amount...A single blog...Very nice.
     
    muhammad arif, Oct 10, 2008 IP
  10. Tyler Banfield

    Tyler Banfield Well-Known Member

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    #10
    Here's the most likely reason (http://mashable.com/2008/10/02/bankaholic/):

    The real question, though, is how this could in any way be a business move that will ever pay off. As Darren Rowse noted, the blog has an Alexa ranking of 42,168 and averages less than 20 comments per post, but does have a solid and net positive growth trend on Google.

    After poking around in the comments at ProBlogger and elsewhere, I think I found the answer. Izea’s Ted Murphy pointed to an interview Robert Scoble did with MoneyAisle’s CEO Mukesh Chatter. From the interview:

    “Just in last three years alone, the prices for some of the bids have gone up 200% to 300%,” said Chatter. “As an example from Google, to be one of the top three advertisers for ‘high yield savings,’ you have to pay $13.20 for a click. With a 1% conversion, it costs you $1,300 to acquire a customer.”

    Ted Murphy brings the quote around to the context of the Bankaholic acquisition: “Those are the numbers behind this sale — essentially, it’s lead generation.”
     
    Tyler Banfield, Oct 10, 2008 IP