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Basic Thinking (German TC) Sells for $62k

10 points| pclark | 17 years ago |centernetworks.com | reply

11 comments

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[+] fbailey|17 years ago|reply
The difficulty really was that it was Roberts personal Blog and not a german Techcrunch. And I think the publicity of the sale actually hurt the price, since it was a personal blog and will be very difficult to maintain. If the sale had happened non public a lot of SEO people would have tried to buy it but press attention is not really something they want.

I think he should have invited more authors to the blog in the months before the sale to make the blog less personal and more like Techcrunch. But that's not his style.

[+] pclark|17 years ago|reply
seems low - no word on revenues though, not sure how accurate it is to call this Germanys Techcrunch..
[+] pmjordan|17 years ago|reply
Comparing it to TechCrunch is a bit of a stretch, to be honest. I'd almost say they paid too much, given that Robert Basic will no longer be contributing. What's a blog without the people?
[+] pclark|17 years ago|reply
> Revenue was disclosed; 37.000 Euro per year.

errrr... buy site for €46,000 eurors - €37,000 revenue a year?

operating costs can't be that high ...

[+] guruz|17 years ago|reply
It's more like a personal blog, albeit the most popular one in .de
[+] acangiano|17 years ago|reply
That's very low for the most popular blog in Germany.
[+] macco|17 years ago|reply
In Germany blogs aren't that popular like in the US. It is not a main source of news. It is more opinion publishing. There are only a few who can live from blogging.