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In defence of newspapers and serendipity
What's your prognosis, Mathew? Will this investment fuel a "blogging bubble"?
And Eric, thanks for the comment. You are right that Fark is a great example of the "less is more" design school -- as is Plentyoffish.com. As for my prognosis, I think we are kind of seeing some little bubbles already, but some of those will turn into actual businesses, while others will pop and disappear. I just wish I knew which ones would do which. :-)
I posted a bit about the money thing on a later thread on the article:
That per-month revenue projection is basically Fark selling 100% of
inventory at $8-$10 CPMs at its current traffic level. Thats where the
estimate comes from. Im not holding my breath. But we do have the traffic
At $8.00 CPM i'd be earning 18,000 * 8 = $144,000/day