Anyone still think this isn’t a bubble? Om Malik takes funding to go pro with his blog. He’s taking funding. For his blog. Funding. For a blog. ARE YOU SHITTING ME? What the hell kind of expenses do you expect to need VCs in the mix?
Generalist. Synthesist. Curator of eclectic ideas @ Sentiers.
Anyone still think this isn’t a bubble? Om Malik takes funding to go pro with his blog. He’s taking funding. For his blog. Funding. For a blog. ARE YOU SHITTING ME? What the hell kind of expenses do you expect to need VCs in the mix?
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well, according to the article, it’s no longer “his blog”, it’s a Business 2.0 competitor, i.e. magazine site. Om built the brand, now he’ll build the business out. That takes money. And he’ll make money. And a few people like you and me will make money off of his money… etc.
Bubbles aren’t bad; it means the goop is still boiling. ;)