actually, our goal is to get into the top 100 sites in the next year and the top 50 two years from now.
If we do that we'll have a really nice business, and to be honest I'm not interested in flipping this one. Like Evan Williams with Twitter, I'm long on this startup after having sold my last one quickly.
No regrets selling Weblogs, Inc. after only 18 months. In fact, it was an amazing deal that set me up to raise $20M to build something on the scale of About.com (top 20 site), eHow (top 30), Yahoo Answers (top 20) or perhaps even Wikipedia (top 10!).
I think we have a good chance to grow as large as About.com or eHow... getting to Wikipedia level, well, that's a little out of my control, but I'm going to try really hard.
In terms of being a VC I've thought about it, but for now I'm just going to do 2-4 small invetments (25-50k) a year. So far I've done two this year: www.challengepost.com and www.gdgt.com. Both of which are really great ideas with big potential. I love the entrepreneurs behind each of these... hopefully I can find a couple of these a year.
If we do that we'll have a really nice business, and to be honest I'm not interested in flipping this one. Like Evan Williams with Twitter, I'm long on this startup after having sold my last one quickly.
No regrets selling Weblogs, Inc. after only 18 months. In fact, it was an amazing deal that set me up to raise $20M to build something on the scale of About.com (top 20 site), eHow (top 30), Yahoo Answers (top 20) or perhaps even Wikipedia (top 10!).
I think we have a good chance to grow as large as About.com or eHow... getting to Wikipedia level, well, that's a little out of my control, but I'm going to try really hard.
In terms of being a VC I've thought about it, but for now I'm just going to do 2-4 small invetments (25-50k) a year. So far I've done two this year: www.challengepost.com and www.gdgt.com. Both of which are really great ideas with big potential. I love the entrepreneurs behind each of these... hopefully I can find a couple of these a year.
all the best, @jason