Kudos to Brian and Jason

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Kudos to Brian and Jason

I've known Jason Calacanis since early 1996 and have watched him build a number of businesses only to come up mostly empty.

Jason is controversial, scrappy, and not universally loved to say it nicely. But I have always been impressed with two things about Jason; his intensity and his instincts. They are both essential traits of the successful entrepreneur.

So the news that Weblogs Inc has been sold to AOL was music to my ears. Jason and his partner Brian Alvey deserve kudos for building something valuable and important in the blogging world. Engadget alone is a juggernaut. If you add Autoblog, Blogging Baby, etc, you get a mini empire and that is what AOL bought.

The rumored prices are anywhere from $20mm to $35mm with a very healthy earnout component, which is fair and smart on AOL's part.

I wrote a blog post back in June where I said that Weblogs Inc and the other major player in this blogging network model, Gawker, were going to be very valuable properties pretty soon.

$30mm isn't close to the $410mm that New York Times paid for About.com, but Weblogs does't have About's reach or revenues. But its getting there and the rumored price of $30mm is recognition of the kind of value these lightweight adsense supported businesses can create.

Well done guys!

October 6, 2005 Venture Capital and Technology | Comments (14) | TrackBack (4)

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Listed below are links to weblogs that reference Kudos to Brian and Jason:

» Making Big Money From Blogs from URBANintelligence
Is there money in blogging? Yup there is, at least if you're Jason Calacanis. Calacasis has sold his Weblogs Inc., home of a whole slew of blogs including crown jewel Engadget, to AOL for $25-35 million. Jason has been agressively... [Read More]

Tracked on Oct 6, 2005 12:05:16 PM

» VCs all around, and the look just like us! from Dylan Salisbury's Weblog
Within a few years of working in the valley, I started to get an idea of the stereotypes revealing the good and the bad of the various roles in tech companies. Customers are demanding but they don't really understand what they need, management writes s... [Read More]

Tracked on Oct 6, 2005 6:27:34 PM

» VCs all around, and they look just like us! from Dylan Salisbury's Weblog
Within a few years of working in the valley, I started to get an idea of the stereotypes revealing the good and the bad of the various roles in tech companies. Customers are demanding but they don't really understand what they need, management writes s... [Read More]

Tracked on Oct 7, 2005 1:16:42 AM

» Why blog networks are worth millions from The PC Doctor
It had been bugging me all throughout yesterday. Why are blog networks suddenly worth millions? Well, last night, around 2 am (Im a night owl and I work best at night - by about 8 am Ive de-evo... [Read More]

Tracked on Oct 7, 2005 8:04:24 AM

Comments

Hi Fred,

Nice post. I am curious, what do you think of the price?

Posted by: Heather Green | Oct 6, 2005 9:52:13 AM

"$30mm is recognition of hte (sic) kind of value these lightweight adsense supported businesses can create."

I love this, and not just because I like Google, but because, like many of the other great "Web" companies, Google enabled a whole framework for commerce (eBay, Paypal, Amazon etc.), business value creation and flat-out goodness.

Posted by: scott partee | Oct 6, 2005 11:28:32 AM

why have they bought out blog folks?
blogs are fun but marginal and temporary staff. They would rather check folks at Quintura at http://www.quintura.com
they claim to add meaning to keyword in search query, that's really cool, can't wait to get it tested!

Posted by: Steve | Oct 6, 2005 12:15:50 PM

Have they created value or perceived value?

Posted by: charlie crystle | Oct 6, 2005 12:25:14 PM

Kudos for building a great company, or for selling at a great price?

Good thing they sold to an organization with such a great track record of dealmaking and acquiring and nurturing businesses...

Posted by: curmudgeonly troll | Oct 7, 2005 8:21:02 AM

I say kudos on building a great company, or, in the least, having largely proven a model.

I suspect the Big Deal of the deal is that it appears AOL is taking a decentralized approach, whereas they might have simply subsumed a company. This might very well be an indicator of the vector Bankoff is pursuing for the company at large.

Another two cents: It appears that J & Co. will operate relatively independently of corporate bureaucracy for some time to come (read: until they hit whatever benchmarks). Even then, I doubt the sale would have happened at all if Jason et alia did not retain some significant right to operate the company as he has thus far.

Posted by: Michael | Oct 7, 2005 12:57:32 PM

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NOKIA 9500 AT JUST ................$200USD

NOKIA 8800 AT JUST....................... $170USD

NOKIA 9300 AT JUST ...........................$190USD

NOKIA N70 AT JUST ..............................$170USD

NOKIA N90 AT JUST..................................$200USD

NOKIA N91 AT JUST $................................$210USD

NEXTEL I860 AT JUST ...............$110USD

NEXTEL I930 AT JUST .................$130USD

NOKIA 8850 SPECIAL EDITION...............$150USD

NOKIA 8850 GOLD EDITION................... $126USD

SONY ERICSSON P910 ....................$160USD

SONY ERICSSON K500i........................... $100USD

SONY ERICSSON S700i ...........................$150USD

SONY ERICSSON P900 ...........................$150USD

SONY ERICSSON Z1010............................ $167USD

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SAMSUNG SGH-T500 Champagne...................... $130USD

SAMSUNG SGH-T200.............................. $120USD

SAMSUNG SGH-E600 ...................................$14USD

SAMSUNG SGH-D410 ..........................$150USD

SAMSUNG SGH-S105 ...................................$110USD

SAMSUNG SGH-P100 ...................................$100USD

SAMSUNG E800C ........................................$189USD
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Nokia N91 AT jUST...220USD

Nokia N70 AT jUST....250USD

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Nokia 8800.....$180USD

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NEXTEL I860 AT JUST ...$110usd

NEXTEL I930 AT JUST.....$130

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Sony Ericsson S700i $150

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ALCATEL One Touch 311-- US$35

ALCATEL One Touch 511-- US$49

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PANASONIC GD92-- US$69

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PANASONIC GD92-- US$69

PANASONIC GD90-- US$69

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NOKIA 9500 AT JUST....$200USD

Nokia 8800.....$180USD

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NOKIA 6600 AT JUST ..$1400USD

NEXTEL I860 AT JUST ...$110usd

NEXTEL I930 AT JUST.....$130

SONY ERICSSON P910 --US$160

Sony Ericsson W550 ....$170uSD

Sony Ericsson K500i, $100

Sony Ericsson S700i $150

SAMSUNG D500 AT JUST ..$180

SAMSUNG SGH-T500 Champagne-- US$130

Samsung'SCH-i730 ....$220

SAMSUNG SGH-T200-- US$123

ALCATEL One Touch 501-- US$39

ALCATEL One Touch 311-- US$35

ALCATEL One Touch 511-- US$49

PANASONIC GD67-- US$49

PANASONIC GD92-- US$69

PANASONIC GD90-- US$69

SIEMENS S45i-- US$79

SIEMENS S40-- US$89

Siemens CF110.220usd

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PAM TERO 600 for just..$145usd

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Posted by: amateur couple | Nov 30, 2005 8:46:54 AM

For Sale : Brand New Unlocked Cellphones,Ipods,Laptops,Game Consoles (Factory Sealed/warranty)
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WE ARE INPORTERS AND EXPORTERS OF ALL KINDS OF MOBILE PHONES GAMES,XBOX,SONY PSP,APPLE IPODS,GARMIN 396 AND ALL OTHERS

.
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NEXTEL I860 FOR JUST.............$110,USD
NEXTEL I870 FOR JUST.............$110USD

MOTOROLA RAZOR V3 FOR JUST ......$120,USD
MOTOROLA MPX 200 ....................$115USD
MOTOROLA RAZR V3I FOR JUST ......$150USD
MOTOROLA V3X FOR JUST.................$130USD
MOTOROLA MPX300 FOR JUST ..........$125USD
MOTOROLA RAZR V3C FOR JUST.......$140USD

XBOX 360 AT JUST..........................$150USD
NEW IPOD VIDEO NANO AT JUST $130USD
GARMIN 396 AT .............................$130USD
SONY PSP .................................
..$135USD
PLAY STATION 3 FOR JUST...........$145USD

TREO 600 FOR JUST......................$120USD
TREO 650 FOR JUST......................$130USD
TREO 700W FOR JUST....................$200USD

NOKIA N90 FOR JUST......................................$180USD
NOKIA N92 FOR JUST......................................$220USD
NOKIA N91 FOR JUST.......................................$190USD
NOKIA N80 FOR JUST.......................................$170USD
NOKIA N70 FOR JUST......................................$135USD
NOKIA 9500 FOR JUST....................................$170,USD
NOKIA 9300 FOR JUST....................................$140USD
NOKIA 8800 FOR JUST.................................... $150USD

Sony Ericsson K500i, FOR JUST.....................$115USD
SONY ERICSON W800 FOR JUST..................$140USD
Sony Ericsson S700i FOR JUST.......................$125USD
SONY ERICSON W900 FOR JUST...................$170USD
Sony Ericsson: Z1010 FOR JUST .....................$155USD
SAMSUNG D 500 FOR JUST.......................$120,USD
SIDE KICK 2 FOR JUST .............................$120.USD
SIDE KICK 3 FOR JUST .............................$180USD

20GB iPod 20GB iPod .........................45USD
Apple 4 GB iPod Mini Pink M9435LL/A ......40 USD
Apple 40 GB iPod photo....................40 USD
Apple 4 GB iPod Mini Silver M9160LL/A ....40 USD
Apple 60 GB iPod Photo M9830LL/A..........60 USD
Apple 60 GB iPod photo ...................55 USD
Apple 30 GB iPod Photo M9829LL/A..........50 USD
Apple 512 MB iPod Shuffle MP3 Player......40 USD
Apple 4 GB iPod Mini Blue M9436LL/A.......45 USD
Apple 2 GB iPod Nano......................50 USD
Apple 4 GB iPod Nano......................60 USD
Apple 30 GB iPod Vidoe...................110 USD
Apple 60 GB iPod Vidoe...................150 USD

If you wish for any product not listed here please email us the product Brand
jordmobiles@hotmail.com
TelePhone # : +447031908628

Posted by: jordan | Jun 1, 2006 12:19:42 AM

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NOKIA PHONES...

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Nokia N95 for....$400 usd

Nokia 8800 sirocco..$270usd
Nokia 9300 for .....$190usd
Nokia 9500 for... ..$190usd

Nokia n75 for..... $320usd
nokia N93 for.....$250 usd

nokia 7373 for.....$180 usd
nokia 6300 for.....$230 usd
nokia 5200 for.....$150 usd
nokia 5300 for.....$180 usd

nokia E60 for.....$190 usd
nokia E61 for.....$200 usd

Nokia n92 for ....$210 usd
Nokia n91 for.....$190 usd
Nokia n80 for.....$180usd

Nokia n83 for..... $235usd
Nokia n73 for..... $220usd

Nokia n71 for..... $175usd
Nokia n70 for.... .$165usd
Nokia 5500 for.....$210usd

Nokia 8800 sirocco..$170usd
Nokia 9300 for .....$190usd
Nokia 9500 for... ..$190usd

PALM TREO PHONES...

Treo 750v(No athena) for .....$240usd
Treo 680 for .....$250usd

Treo 700wx for .....$170usd
Treo 650 for .$150usd
Treo 700w for .....$180usd

SONY ERICSSON PHONES....

Sony ericsson w850i for.. $230usd
Sony ericcson p990i for.... $250usd
sony ericsson p910i for...$170usd
Sony ericsson K800i for ..$240 usD

Sony ericsson V800 for.. $250usd

Sony ericsson W950 for... $190usd
Sony ericsson Z800 for.. $230usd
Sony ericsson p800 for.. $200usd
Sony ericsson w900i for... $180usd

SIDE KICKS PHONES..

Sick kick i for.... $140usd
Side kick 2 for.. $160USD
Side kick 3 for.. $180USD

I-MATE JAS JAR PHONES.

I-Mate JAQ FOR...$240USD
I-Mate JAQ3 FOR ..$215USD
I-Mate JASJAM FOR ...$200USD

I-Mate JAMin for...$205 usd.
I-Mate K-JAM FOR $220 USD
PDA2K FOR....$200USD
SP3I FOR $180

SAMSUNG PHONES.

Samsung z710....for $220 us
samsung serene for ....$200usd
Samsung x810 for ......$185usd
S amsung z700 for....$230usd
Samsung p860 for .....$170usd

BLACK BERRY......

blackberry 7130e $220usd
blackberry 7100g $210usd
blackberry 7100i $200usd

blackberry 8700c $200usd
blackberry 8700r $200usd
blackberry 7130g $210usd

blackberry 7100t $200usd
blackberry 7230 $210usd
blackberry 7290 $210usd
blackberry 8700f $230usd

MOTOROLA PHONES....

Motorola rokr e1 for... $170usd
Motorola v3x for ......$170usd
Motorola slvr l7 for... $190usd
Motorola q for ....$150usd
Motorola v8 for .....$190usd
Motorola v600 for ...$100usd
Motorola v3C for ...$160usd
Company's tel# +447024020862

CAMCORDERS..& CAMERAS....

Canon EOS-1DS Mark II, 17.2 Megapixel SLR Digital Camera--$900
Canon EOS-1D Mark II, 8.2 Megapixel; Interchangeable Lens Professional SLR;
Digital Camera---- $800

Canon EOS-1D Mark II N, 8.2 Megapixel, SLR, Digital Camera---- $600
Nikon D2X, 12.4 Megapixel, Digital SLR Camera -----$700

Canon EOS-5D (Body Only), 12.8 Megapixel, SLR, Digital Camera ---$800
Nikon D1X, (Refurbished) 5.47 Megapixel SLR Digital Camera ----$800

Nikon D2Hs, 4.1 Megapixel, High Speed, SLR Digital Camera ---$700
Canon EOS-20DA, 8.2 Megapixel SLR Digital Camera----$700

Canon EOS-20D, 8.2 Megapixel SLR Digital Camera w/ 17-85mm f/4-5.6 IS USM
Autofocus Lens Kit, ------$700
Pentax ist D Digital SLR Camera Body 6.1 Megapixel with 16-45mm f4 ED Zoom Lens
----$600
Panasonic PT-D7700U DLP Projector SXGA 7000 ANSI Lumens --- $500

NEC GT6000L 5100 ANSI Lumens SXGA Polysilicon LCD
Projector ---$700
Sim2 HT300 E-LINK DarkChip3 Projector ---- $700

Mitsubishi XD2000U, 3500 ANSI Lumen Projector ----$500
Sony VPL-FX51 XGA 5200 ANSI Lumens Video Projector --$600

BenQ PE8720 DLP WXGA Home Theater Projector --- $500
ASK Proxima C460, 3500 Lumens LCD Video Projector --- $500

Optoma H79, HD DarkChip3 DLP Digital Cinema Projector --- $600
InFocus LP860, 3500 Lumens Multimedia Projector --- $700
Sanyo PLV-WF10 4000 ANSI Lumens LCD Video Projector ---$700

TELEVISION SETS...

Pioneer PDP-5050HD plasma TV $1000usd
Pioneer PDP-424MV Plasma TV $756usd
Pioneer PDP-42A3HD Plasma TV $600usd
Pioneer PDP-434CMX Plasma TV $500usd

Pioneer PDP-43A5HD Plasma TV $560usd
Pioneer PDP-4360HD Plasma TV $700usd
Pioneer PDP-504CMX Plasma TV $600usd
Pioneer PDP-505CMX Plasma TV $500usd
Pioneer PDP-5060HD Plasma TV $700usd
Pioneer PDP-614MX Plasma TV $780usd

Samsung HP-R4252 Television
$500usd
Samsung LN-R328W - LCD TV 32 $500usd
Samsung LN-R408D - LCD TV 40 $800usd
Samsung LT-P326W - LCD TV 32 $650usd
Samsung LTM 225W - LCD TV 22 $500usd

Samsung PPM63H3-plasma panel63 $2000usd
Samsung HPP5031 - plasma panel50 $1000usd
Samsung HP-R4252 Plasma TV $560usd
Samsung HP-R5052 Plasma TV $1000usd
Samsung HP-P5581 Plasma TV $950usd

Sony KLV-32M1 Television.......$400usd
Sony PFM-42V1/S Television.....$500usd
Sony KDE-61XBR950 Television..$5000usd
Sony KDE-42XBR950 Television..$1000usd
Sony PFM-42X1/S Television.....$500usd

Sony KDE-42XS955 Television....$550usd
Sony FWD-50PX1/S Television...$1200usd
Sony FWD-42PV1 Plasma TV.......$500usd
Sony KE-42M1 Plasma TV.........$580usd
Sony PFM-42X1 Plasma TV........$600usd
Sony KDE-42XS955 Plasma TV.....$700usd

Sony FWD-50PX1 Plasma TV.......$750usd
Sony KDE-50XS955 Plasma TV.....$680usd
Sony Grand WEGA KDFE42A10 TV...$400usd
Sony Grand
WEGA SXRD KDS R60XBR1$600usd
Sony Grand WEGA SXRD KDS R50XBR1$450usd
Sony Wega KDF-E50A10 TV ......$450usd
Sony Wega KDL-V40XBR1 TV ......$400usd
Sony Wega KD-36FS130 TV ......$400usd

Sharp Aquos LC-26DA5U 26 in" LCD TV......$300
Sharp Aquos LC-45GD7U 45 in Flat Panel LCD TV......$450
Sharp Aquos LC-20S4U 20 in Flat Panel LCD TV......$350
Sharp Aquos LC45GD4U 45 in Flat Panel LCD TV.....$400
Sharp Aquos LC-45GX6U 45 in Flat Panel LCD TV.......$550

Sharp Aquos LC-32DA5U 32 in Flat Panel LCD TV.....$350
Sharp Aquos LC-37D7U 37 in Flat Panel LCD TV......$450
Sharp Aquos LC-37D7U 37 in Flat Panel LCD TV......$400

Panasonic TH-42PD50U Television.....$600usd
Panasonic TH-42PX50U Television.....$1000usd
Panasonic TH-50PX50U Television.....$1500usd
Panasonic TH-42PWD6UY Television....$500usd

Panasonic TH-42PD25U/P Television...$400usd
Panasonic TH-42PHD8UK Television....$450usd
Panasonic TH-65PHD7UY
Television....$2500usd
Panasonic TH-37PX50U Television....$500usd
Panasonic TH-42PX500U Television...$800usd

Toshiba 42DPC85 Plasma TV $760
Toshiba 42HPX95 Plasma TV $880
Toshiba 50HP95 Plasma TV $750
Toshiba 50HPX95 Plasma TV $900

NEC 42XM3 Plasma TV $700usd
NEC 42XR3 Plasma TV $500usd
NEC 50XM4 Plasma TV $780usd
NEC 50XR4 Plasma TV $900usd
NEC 61XM3 Plasma TV $560usd
NEC 61XR3 Plasma TV $500usd
NEC 84VP4 Plasma TV $690usd

Ipods...

Apple 30 GB ipod photo m9829ll/s...$90.00
Apple 512 mb ipod shuffle mp3 player ......$95.00
Apple 4 GB ipod mini blue ...$75.00

Apple 6 GB ipod mini green ....$90.00
New apple 60 GB video ipod....$170.00
New apple 30 GB video ipod....$150.00

LAPTOPS...........

Toshiba Tecra 8200 (laptop)
850MHz Notebook with WiFi for onfiltered$400usd
Dell Latitude C400 (laptop) $550usd
Ultra Lightweight 866MHz for onfiltered$490usd

ThinkPad T42 2373 -
Pentium M 735 1.7 GHz$430usd
RAM 512 MB - HD 40 GB - CD$590usd
ABS Mayhem G3 notebook Athlon$500usd

64 3200 512MB 60GB/7200 CDRW/DVD 15.4$490usd
Windows XP Home$800usd
AVERATEC 3150P - Athlon XP-M 1.33$500usd

GHz - 12.1? TFT$600usd
Toshiba Tecra M4-S435 (laptop)$1350usd
Acer TravelMate C314XMi Tablet PC$1300usd
Dell Inspiron 700m ===$1020usd

Dell Inspiron 700M for Home (Pentium M 1.70GHz, 512MB, 40GB)$1100usd
Dell Inspiron 2200 for Home (Celeron 1.50GHz, 256MB, 40GB)$1000usd
Alienware Area-51 5300 - P4 530J 3 GHz$590usd

Alienware DHS 5 (Athlon 64 1.8 GHz)$1590usd
Alienware Aurora ALX SLI$2100usd

SONY VAIO A217S? 100GB? 512MB RAM? XP HOME $400usd
SONY VAIO B1VP? 40GB HD? 512MB RAM? XP PRO$430usd
SONY VAIO T370P/L? 60GB HD? 512MB RAM? XP$330usd

SONY VAIO A215Z 60GB HD? 512MB RAM? Xp$550usd
SONY VAIO A397XP? 80GB HD? 512MB RAM? XP$400usd
SONY VAIO B100B08 60GB HD? 512MB RAM? XP$350usd
contact
us at....contact us........rollanmobilephones@excite.co.uk or williamsmobileltd@gmail.com,fashmobile4sale@hotmail.com

Posted by: rollan | Mar 15, 2007 12:32:06 AM

A VC

Musings of a VC in NYC