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- I agree, Daniel. I think Nick's model makes a lot of sense, and for the most part it seems to be paying off -- and not just for him, but for lots of his bloggers as well.
- "If you're a blogger at an established site like Gawker, it's quite obvious that for every dollar you make in bonus pay, Denton has made much more in terms of extra advertising revenue. You really earned ...
- I stupidly didn't even check to see if you had written anything on it, Felix -- I should have known that you would have. And an excellent analysis of the situation it is. As you note, some of the ...
- Hi Matthew -- I take it you've seen my latest <a href="http://www.portfolio.com/views/blogs/market-movers/2008/07/03/blogonomics-gawkers-latest-pay-cut">2,500 words on the subject</a>, so I won't reprise ...
- "Thank you Matt for this important reminder. I sure hope I don't confuse these two bastions of journalistic integrity ever again." +1 to the Duck
Twitter raises money, birds fly
4 comments
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Mrinal 2 months ago with 1 point
Mathew - not sure if it is all about "...calculated guess that it will eventually be monetizable". Maybe you meant this but "Exit-able" is probably the word (which can include monetizable) since cos. like Google have proven the 'free' business model in the URL (Ubiquity first, revenue later) world :)
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Ubiquity first, revenue later -- I like that. And yes, that's more or
less what I meant. -
"VCs are desperate to find the next Facebook." Last time I checked VCs were looking for highly profitable businesses to invest in - but maybe they know something we don't. Then again, Facebook could have been profitable - but they've decided to build the company up. Attracting ex-Googlers can't be cheap.
Although I was only 14 when the 'dot bomb' took place, very little seems to have changed in terms of valuations. They still seem to be based on page views, but the major difference seems to be that private money is at stake now as opposed to the public's. -
I think that's an important point, Thusenth -- that more private money
is at stake this time around, and last time it was mostly public
money.


