Man Sells Blog for $15 Million
Posted 10-02-2008 at 06:18 AM by Chris Monty
It’s time for a moment of inspiration. Breaking news this morning that Bankrate has acquired Bankaholic.com for $15 million.
Bankrate has agreed to pay $12.4 million up-front, and an additional $2.5 million possible payout over the next year. Bankaholic has just one employee, John Wu, who will stay on and assist with the transition.
The blog currently has Alexa ranking of 42,168 and averages about 15 comments per post...
Read More Here
Bankrate has agreed to pay $12.4 million up-front, and an additional $2.5 million possible payout over the next year. Bankaholic has just one employee, John Wu, who will stay on and assist with the transition.
The blog currently has Alexa ranking of 42,168 and averages about 15 comments per post...
Read More Here
Total Comments 4
Comments
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That is wild stuff. He only started it a few years ago and now is a multi-millionaire.Posted 10-02-2008 at 08:08 AM by Scott Ames
- Chris,
How much traffic would you say his blog was getting at the time of the sale.
Thank you,
LenPosted 10-02-2008 at 12:28 PM by pinkthree159 -
I truly don't know. He had a nice Alexa rank though.Posted 10-03-2008 at 02:21 PM by Chris Monty - Chris,
Thaks,
Yes, I noticed his Alexa rank, I wish my blog was doing this well!
I checked his backlinks and if memory serves they were 30,000+ of course this was from prsearch.net so other places could show different results
LenPosted 10-05-2008 at 12:17 PM by pinkthree159
