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CNNFN Mentions The Web Game
By Max | April 16, 2007
CNNFN has placed an article about small timers making cash on the internet. It’s worth a read. Basically it mentions a couple guys and how they managed to make some profits from the internet using google ads.
One thing that is interesting to me is how many people are making good cash running some websites, but the big media sites are all struggling to turn profits. Google paid $1.6 billion for Youtube, and at the time YouTube was barely breaking even. There may be some huge upside to YouTube, but why would you pay a premium for lawsuit bait when they don’t even have a good strategy to monetize the traffic. These big guys should take a few tips from us small fish about how to
acquire sites that make money and turn a decent profit. It would certainly help their share price.
Topics: News |