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Hackaday For Sale, Editors Seek Crowd Funding To Buy It
ilikenwf writes "Hackaday's owner, Jason Calacanis, has decided to sell the popular hacking/modding site for around $540,000. Multiple parties are interested; the most promising buyer at the moment appears to be the current editors, who are attempting to buy the site via crowdsourcing and incorporate it under a nonprofit to keep the hacks flowing. One way or another, the site should survive."
What exactly does it mean to "buy" a blog? Are they wanting to pay half a mil for a domain name? Is the content really worth half a million bucks? Or, are people just stupid when it comes to trying to put a dollar value on anything Internet related? It seems like a lovely little blog, but I don't see how any sane person could come up with a $500,000 valuation for it.
I don't respond to AC's.
So the way I see it, the campaign initiator is asking a whole bunch of supporters to buy this site for him at a cost of $540000, the contributors will not be part owners or have any say in the direction the site is run. They'll just get some trinkets in return, stickers, T shirts or some free advertising for a year.
Anyone can start a Wordpress site, he's selling the brand and the following. I have several blogs and they are alot of work.
I love Hack-a-Day and I thank him for getting it this far. I hope it stays around.
Your thin skin doesn't make me a troll
yeah, hope that never happens to Slashdot.