Almost two years ago, Andy Hagans wrote one of the best articles I've ever read: How to: Build an Affiliate Site You Can Sell for $1M. It was great not only because it was so practical, but because the information came from someone who genuinely knew what he was talking about. It's an absolute must-read if you're at any stage of building an online business.
I've learned over the past year, though, that hitting the $1M mark isn't the finish ... Keep reading »
In case you haven't been reading any blogs lately, Bankrate.com bought one-man blog Bankaholic for $15,000,000 this week. Duncan Riley summed up many people's thoughts about that when he wrote:
You would presume the site was making good money by the sales price, but nothing else about the site stacks up. Traffic isn’t brilliant, matched by irregular posting at best. Quantcast shows 156,000 uniques on 263,000 visits, Compete puts the unique number at 300,000. The site has an ... Keep reading »
As many of you saw yesterday, Internet Brands (NASDAQ:INET) has acquired one of my sites. (The sale actually closed in February, but they wanted to finish up all their acquisitions before announcing any of them.) Since then, I have also worked with a friend as he went through the same process.
Now that both the deals are public knowledge, I wanted to pass along some of the things I learned while selling two high-dollar sites to large companies ... Keep reading »