The current high bids are 60K, 65K and 72K. The private auction will be ending today sometime, after which weâ€™ll get down to the business of sorting out the transaction. Once thatâ€™s all done, weâ€™ll be announcing the winner at whatever time works best for the winner.
The current high bidders are all looking at the blog as a brand / profile investment more than a pure cash investment. After all, 36 times monthly revenues is a fairly high multiple for any site, even if it experiences 10% growth every month (as Blog Herald does) and could earn more. At 72K, it would likely take someone about a year to earn it back with a redesign and with the growth itâ€™s experiencing.
Read at Ensight
On a more personal note, it was through Duncan that I found out about Jeremy and b5. And on an even more personal note, I should be really nice to Duncan because he’s the guy who sends the cheques over.
But seriously, nice one Duncan! This is a huge step for him when he decided to go full time pro.