Hackaday For Sale, Editors Seek Crowd Funding To Buy It 62
ilikenwf writes "Hackaday's owner, Jason Calacanis, has decided to sell the popular hacking/modding site for around $540,000. Multiple parties are interested; the most promising buyer at the moment appears to be the current editors, who are attempting to buy the site via crowdsourcing and incorporate it under a nonprofit to keep the hacks flowing. One way or another, the site should survive."
Re:Buying a blog...? (Score:4, Informative)
Presumably if it brings in ~$125k in ad revenue per year, it'd be "worth" about 4 times that, or $500k. I personally think that even with that much yearly ad revenue I would not spend that kind of money on such a site.