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While The Economy Is In Recession, The Blog World Is Bubbling Up
The latest news which sends a shock wave through the whole blog world at the moment, an one man blog sold for 15 million dollars. Everyone’s first reaction was “is it true?”. That’s why I sent an email to the owner of the blog Johns Wu and got his confirmation of the sale (see the image below, click for a large one).
The blog is Bankaholic.com - a banking and finance related blog built on WordPress. I’m sure there will be more stories flowing through about the blog and the owner soon, so I will not speculate what was the motive behind the deal. All I can say is that: WOW, while the economy is in a recession, a blog bubble is here now.
When a medical doctor stoped practicing and turned into a professional blogger(MacRumors.com), when someone can build a $30k plus monthly income from blogging within 2 years(JohnChow.com), when a company that sells concrete trailers(Cart Away Concrete) set up a booth in the Blog World Expo, do I need more approve for my point - a blog bubble is here now.
I am more inspired than ever, are you?
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Follow me on Twitter.Published on October 3, 2008 · Filed under: Blogging, General topic, Money and Finance; Tagged as: $15 million blog, Blog Bubble, blogging, Johns Wu
9 Responses to “While The Economy Is In Recession, The Blog World Is Bubbling Up”
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not a bad payoff for a young blog! there’s hope for every blogger with the right domain name and niche
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The Real Benefits of Sponsoring a WordCamp « Lorelle on WordPress said on October 13th, 2008 at 9:03 pm
[...] 100k Job From Home - hile The Economy Is In Recession, The Blog World Is Bubbling Up [...]
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How Two Guys and a Cement Mixer Changed How Bloggers Think | The Blog Herald said on October 14th, 2008 at 7:47 am
[...] 100k Job From Home points to Cart-Away Concrete as an example of how the economy may be in recession, but blogging is still big business, siting the recent sale of Bankoholic for USD $15 million: All I can say is that: WOW, while the economy is in a recession, a blog bubble is here now. [...]
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How Two Guys and a Cement Mixer Changed How Bloggers Think | WP Passion said on October 14th, 2008 at 7:58 pm
[...] 100k Job From Home points to Cart-Away Concrete as an example of how the economy may be in recession, but blogging is still big business, siting the recent sale of Bankoholic for USD million: All I can say is that: WOW, while the economy is in a recession, a blog bubble is here now. [...]
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Lorelle on WP: The Real Benefits of Sponsoring a WordCamp | Aslifmbiz Blog said on October 24th, 2008 at 1:40 am
[...] 100k Job From Home - hile The Economy Is In Recession, The Blog World Is Bubbling Up [...]
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This is awesome! I wish I had the smarts to think about doing the same thing. Checking these guys out now..maybe I can get in touch with them.
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awesome! I’m new in blogging world. If it’s true many people will be hook in making blogs. I like blogging because I can comment on articles and at the same time I can interact with others point of view. Blogging can be a great help for additional source of income.
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Tag44 said on April 16th, 2009 at 9:50 pm
Thanks for the post, really it very helpful at this time.
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ACHoffman said on April 29th, 2009 at 2:44 pm
I wish i had own the blog. My god. Such a huge amount. Hey guys, even i have got some blogs. Is anyone ready to buy it? May be not for that much big amount. At least few 100$?? lol.
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