Websites/Blogs sold for millions!
#1 Ugo.com – Sold For: $100 million
Founded: 1997
Year of Sale: 2007
Approximate Daily Worth: $27,397
Ugo what sold by Ugo Entertainment to the Hearst Corporation approximately $100 million, was founded in1997 as Unified Gamers Online also known as UGO, by Chris Sherman. The website originally changed hands early on to Action World Inc. They renamed it UGO Networks, and was again renamed later on as Online Underground, it was later sold on to the Hearst Corporation.
#2 Fotolog – Sold For: $90 million
Founded: 2002
Year of Sale: 2007
Approximate Daily Worth: $49,315
Fotolog was founded by Scott Heiferman, in 2002, the site began to have problems in late 2005 when the amount of visitors and members started to become too much for the servers. The site itself currently receives over 20 million unique visitors each month and was sold to Hi-Media Group for the tidy sum of $90 Million.
#3 Consumersearch - Sold for: $33 million
Founded: 1999
Year of Sale: 2007
Approximate Daily Worth: $11,301
Consumersearch was founded in 1999, by co-founders Derek grew and Carl Harmaan, who owned a privately held corporation. The website sold three huge $33 million with the news being released by the New York Times Co. The buyers, About.com, or also owned by the New York Times Co. The website was honoured in the 13th annual webby awards competition in 2009.
#4 TechCrunch – Sold for: $30 million
Founded: 2005
Year of Sale: 2010
Daily Worth: $16,438
TechCrunch is a very well-known website publication, that is well founded within the technological and gadget niche’s. It was first founded in 2005 by Michael Arrington and the first time it was published online live was June 11, 2005. In just five years in just five years Michael had created such a unique website full of valuable content and managed to sell the website for a total of $30 million to AOL.
#5 PaidContent – Sold for: $30 million
Year of Sale: 2008
Daily Worth: $13698
Paidcontent was founded by Rafat Ali, in 2002, and is basically an online resource for information, analysis and news. Rafat Ali the founder of the website, is a journalist and so the website itself was a natural progression for him. The website was eventually brought out in 2008 by Guardian Media Group $30 Million, although Ali is still part of the websites, currently working as an editor.
#6 Tatter and Company – Sold for: $30 million
Founded: 2002
Year of Sale: 2008
Approximate Daily Worth: $13698
Tatter and Company was founded by Chang-Won Kim and Chester Roh, and formed the company TNC in 2002. Tatter and Company itself was and is a blogging platform for the Korean nation. With no surprise Google purchased the business for the sum of $30 Million, in 2008.
#7 Ars Technica – Sold for: $25 million
Founded: 1998
Year of Sale: 2008
Approximate Daily Worth: $6849
Ars Technica was founded by Ken Fisher, in 1998 and quickly became one of top and most authoritative blogs, with a very solid founding within technology news and information. The website was purchased by Conde Nast Publications for $25 Million in 2008.
#8 Weblogs.com – Sold for: $25 million
Year of Sale: 2005
Approximate Daily Worth: $34,722
Weblogs Inc was created by Brian Alvey and Jason Calcanis in 2003, with the help of an investment from Mark Cuban. In the early days the business was initially for professional readership, and had approximately a dozen or more websites to its name other than Weblogs.com. The website was purchased in 2005 by AOL to the tidy sum of $25 Million.
#9 Livejournal.com – Sold for: $25 million
Year of Sale: 2007
Approximate Daily Worth: $8561
LiveJournal just as the name suggests was a virtual community where users could keep a blog, or an online digital diary, through their free open source server technology. Not only could you create blogs and diaries online you could also include calendars, polls, and even have guest writers. The website sold for approximately $ 25 million to Six Apart in 2007.
#10 Bankaholic.com – Sold for: $15 million
Founded: 2006
Year of Sale: 2008
Approximate Daily Worth: $20547
Bankaholic is the creation of founder John Wu who also created CB Land Investments, the website itself was an online banking marketplace which basically provided its customers with credit card offers as well as interest rates and personal finance advice. The website Bankrate.com eventually sold for $15 Million to BankRate and now has a hefty team of banking and financial professionals behind it so who knows where it could go? maybe it will be worth double the amount in a year or so.
Here’s To Your Success!
Graham and Billy McCallion
The Internet Training Lab
www.TheInternetTrainingLab.com
support@TheInternetTraininglab.com
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