alarm:clock

News & Updates - Monday, December 12, 2005

The Blogosphere Doesn't Follow The Money

The Blogger's Hero

VC Brad Feld is a kindred spirit with his complaint post expressing that he "was stunned by the amount of discussion about the Yahoo/del.icio.us deal....There was a very large and interesting deal done on Monday last week that arguably has much greater importance to the structure of the tech/media business than Yahoo/ del.icio.us and it had extremely little coverage by the tech bloggers. Can you name that deal? Liberty Media acquired Provide Commerce for $477 million. " Feld concludes: "I’m perplexed. Fortunately I have a two hour run today to ponder this more."

The a:c had recently expressed similar bewilderment about the amount of blogosphere attention paid to the acquisitions of Moreover - which was a wash to investors; WeblogsInc; Weblogs; and Upcoming.org while at the same time there was scant blog attention paid to Checkpoint's $225M acquisition of Sourcefire.

So What If They Make A Lot of Money. They Are So Web 1.0

The conclusion that we draw is that the blogosphere would be a lousy VC firm. A half-billion dollar buyout might go unremarked upon, but a consumer-facing Web 2.0 company sold to Yahoo! or Google at a $20M - $40M valuation will set the blog world on fire.

Read - The Signal to Noise Ratio Feels Out of Whack To Me (Feld Thoughts)
Read - Much Ado About Web 2.0 (The a:c)