Blogs Bring Back Dot-Com Poster Boy

An anonymous reader writes "Wired has a profile of Jason Calacanis, the former Dot-Com bubble rider, and now the mind behind the sale of Weblogs, Inc. to AOL." From the article: "Calacanis and Alvey wanted to get in on the action, but the scale and limitations of blogs bugged them. 'We decided that one blog, like Rafat's, could make tens of thousands of dollars a year,' says Alvey. 'Definitely enough for one person who works 24 hours a day to sustain a business. But how could you get so that you could add more people?' The answer, they decided, was to build a network of blogs."

Comments

Re:Pjamas Media

[dangitman]

As far as I know, pajamas uses serious political blogs rather than "daily diary" sorts of things.

Actually, the people they are paying appear to be fraudulent hacks, not serious writers or commentators. I have also heard allegations that they are claiming other blogs as "their members" who are not associated in any way, and do not wish to be associated with pajamas media. They are claiming non-member blogs as their own as a way of trying to gain credibility and seriousness. Pajamas media reminds me of the people who abuse Wikipedia.