Blogger Hits Jackpot with Sweet Deal from Bankrate

Courtesy WebProNews - Financial  Fri, 10/03/2008 - 17:00

Reports have surfaced that Bankaholic.com, a WordPress blog run by Johns Wu (alone) is selling for $15 million to BankRate.

That's quite a deal for Wu, I'd say. According to paidContent.org, Wu gets $12.4 million up front, with another $2.5 million possible earnout over the next 12 months.

read more

Tags:

 

Related items

Innovators funded to develop bold, out-of-the-box...
(Sandra Rotman Centre for Global Health) Grand Challenges Canada announces 15 grants valued in total at more than $1.5 million to support bold, out-of-the-box ideas from some of Canada's most...

10 Stunning Objects Made From Ugly Computer Parts
Globally, consumers threw away 41.5 million tons of electronics in 2011. Unless something changes, by 2016 we'll be tossing out 93.5 million tons.

Symform gets $2 million for peer-to-peer 'cloud'...
Cloud storage vendor Symform netted $2 million in venture funding from new backer Westfield Capital, which joined existing investors OVP Venture Partners and Longworth Venture Partners to...

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com