Slashdot Mirror


Blog Network to Sell For $20 Million Plus

Victor Cheng writes "Blogs are big money. The Weblogs Inc Network is apparently about to be sold for over $20 million to AOL, an individual blogger is making over $400,000 per year from his living room, a blogger writing about shoes is claiming a six figure income and blog networks are starting every second day with hopes of making it big. It looks like it might be time to dust off the old blogspot blog again."

7 of 229 comments (clear)

  1. Re:Another Bubble by H0p313ss · · Score: 4, Insightful

    Today they're a fad. 10 to 20 years from now we can look back and call it a trend.

    When it started, Amazon.com was part of the WWW fad, they're just the 5% that stayed around long enough to be a trend.

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  2. one grain of salt, please by amrust · · Score: 4, Insightful

    It may just be me, but does anyone else lump these "I make huge bank with my blog" stories up there with those "get-rich quick" schemes on late-night TV, by those seedy looking guys with wet spiky hair, wearing golf shirts and khaki shorts, sitting in canvas director's chairs?

    Some guy claims he makes $400k, so Hmmm.....I guess he does, case closed? /rolls eyes

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  3. Not getting it by Jesus+IS+the+Devil · · Score: 4, Insightful

    To those of you who think blogs are just junk, you don't know what you're talking about.

    There are junk blogs (like those countless BS myspace ones) and there are awesome ones. Slashdot is a great one. Gizmodo is another. "Blog" is just a new way of creating articles, in which anyone can now do online easily.

    I remember a few years back there was this newsletter that this one guy would publish once every week. It was really great because the guy would talk about new webmaster tricks submitted to him, or other ramblings about that particular niche. I would wait in anticipation for every new issue that comes out. It's not readily evident, but that was a really early version of blogging, just done in a more manual way.

    Don't just quickly dismiss the whole concept of blogs.

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  4. Re:Are people that dumb? by blancolioni · · Score: 5, Insightful

    I can stay home and write stupid shit that nobody cares about, so where's my six figure salary?

    I think the money comes when one writes stupid shit that people do care about.

    I am not sure why this is hard to understand. Your comment could also apply to novelists, and in fact the ratio of six figure salary earners to everybody else is probably much the same in that profession.

  5. Re:Why TF did I go to school? by lucabrasi999 · · Score: 4, Insightful
    Anybody else depressed that people make a lot of money doing stupid things?

    I wouldn't get too depressed. Ever since I started my first high-school job (as a restaurant dishwasher over 20 years go), I have heard hundreds of stories about people that made alot of money doing stupid things. In spite of these stories, you just have to remind yourself that there are millions of people that lost their shirts, thinking that stupid things would make them rich, quick.

    You are better off, in the long run, with an education. With a degree, if nothing else, you can always end up with a good job, when your latest get-rich-quick scheme fails.

  6. Re:Riches vs. Reality (Power Law Distirbutions) by garcia · · Score: 4, Insightful

    The point: I'd bet that that only a dozen or so bloggers make a decent income, thousands make a little money and millions make nothing from their blogs.

    Personally, I shy away from any "blogger" that is doing it professionally. The power of "bloggers" stems from their brtual honesty and their lack of pays offs (in my mind at least). The second someone is paid to do their hobby a couple of negative things happen:

    1. They feel inclined to report on something to benefit those that are paying them for fear of losing the stream of money.

    2. They get bored w/the job because they are now getting paid for what was once their hobby that they loved.

    3. They overdo it to make more revenue.

    I write about stupid shit and post it to my website for myself and my friends. Other people do happen along and read it from time to time and I hope that they see it's just for my own personal enjoyment. There's nothing behind it except what I felt at the time. I have no financially motivated agendas to rate one opinion over another.

    When you start doing that, your reputation suffers.

  7. Re:Why TF did I go to school? by MayorDefacto · · Score: 4, Insightful
    Remember, the wealthiest man in the world dropped out of college.

    Remember, the wealthiest man in the world (William Henry Gates III) had already-rich parents (his dad was a high-paid corporate attorney and his mom sat on the board of a number of corporations such as Berkshire Hathaway). He attended Seattle's most prestigious prep school, and the only reason he dropped out of Harvard was to pursue his softare business. The guy is neither stupid nor of humble roots.

    So when you say some people get lucky, I read that as "some people are born lucky..."