I just found out that BlogExplosion (which I previously reported being for sale) has been sold for a pretty decent amount. On their blog they write “Our final closing price was in the six figures and well beyond our minimum bid of $100,000“. That’s a very nice sale, and for the notice it was brokered by Jeremy Wright!
On the official BlopExplosion blog they also write about a lot of new features and improvements that will be implemented. It’s great to see that the buyer has big plans for the website, and that they’re not just interested in “milking the cow”.
Via: Problogger
Tags: blogexplosion, blog pricings, blog community, blogging
April 25th, 2006
Now it is public who bought Blog Herald, and it was BlogMedia, Inc. I know that I’m not exactly right on time with this post, but I was travelling back home from Istanbul yesterday, and really needed some sleep, so I didn’t see it before now. But back to the sale..
Duncan will be posting for the next two months while BlogMedia gets their team started. This is an obvious thing for blog sales since most blogs are kind of personal, the original blogger will need to help the transition to be smooth.
The Price: The big question is what the price ended up being, but unfortunatly they won’t tell. All they say is that both parties believe it was a fair deal. It is hard to say what the price might have been, but some bloggers are guessing:
I personally guess it would be something like $30,000+, but probably not higher than $35,000, so my guess is much like Chartreuse. My reasons for believing this is that BlogMedia must have known about the first time Blog Herald was supposed to sell, and they didn’t buy it then. And also, I’ve been watching and participating in website auctions for a long time, and since the public bids at SitePoint ended at $25,000 I guess that the private bids haven’t been that much higher.
I’ve previously reported on the sale and the supposed sale:
Tags: blog herald, blog sale, blogmedia inc, blog pricings
February 27th, 2006
