24/7 Wall St.
07-17-2008, 10:00 AM
24/7 Wall St. Daily News
24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag was $15 million. Alley Insider reported that that Ars Technica’s price was $15 million to $20 million. PaidContent was sold to the Brit Guardian Group last week. The rumored price was $30 million. 24/7 estimated that the firm was only worth $3.5 million. We are told that a very large portion of the purchase price was contingent on future performance, but our number was probably still way off. A few... http://feeds.feedburner.com/~f/typepad/RyNm?i=AWoGWJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=AWoGWJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=c7WtqJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=c7WtqJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=b3yXij</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=b3yXij)
complete story here... (http://www.247wallst.com/2008/07/which-major-med.html)
24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag was $15 million. Alley Insider reported that that Ars Technica’s price was $15 million to $20 million. PaidContent was sold to the Brit Guardian Group last week. The rumored price was $30 million. 24/7 estimated that the firm was only worth $3.5 million. We are told that a very large portion of the purchase price was contingent on future performance, but our number was probably still way off. A few... http://feeds.feedburner.com/~f/typepad/RyNm?i=AWoGWJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=AWoGWJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=c7WtqJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=c7WtqJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=b3yXij</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=b3yXij)
complete story here... (http://www.247wallst.com/2008/07/which-major-med.html)