AOL buys WeblogsInc. ?
Filed in archive Venture Capital on October 5, 2005
It is just a rumor so far but it seems to be a very well researched one:
"At today's WeMedia event Rafat Ali whispered to me to hit his blog at 8 p.m. for a big scoop and boy was he right. PaidContent.org (ahem - source them please CNET!) is reporting that Weblogs Inc. has been sold to America Online. The blog media companyfounded by Jason Calacanis and Brian Alvey, is being bought by AOL for
as much as $35M, paidContent.org has learned from multiple sources.
Rafat, who used to work for Calacanis in their prior lives, says the
deal is done and should be announced this week."
If true congrats guys - great work!
as much as $35M, paidContent.org has learned from multiple sources.
Rafat, who used to work for Calacanis in their prior lives, says the
deal is done and should be announced this week."
Permalink: AOL buys WeblogsInc. ?
Tags: aol weblogsinc buys entrepreneurship technology buys+weblogsinc venture+capital please+enter
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