Comments on: Venture Capital and your Blogging Business

By: Gawker Media Potential Sale to News Corp: Blog Tips - ProBlogger

Gawker Media Potential Sale to News Corp: Blog Tips - ProBlogger — Thu, 06 Oct 2005 06:27:27 +0000

[...] Update: Looks like Duncan has his blog up and running again and the rumor is that News Corp is interested in the gossip blogs at Gawker more so than their others. It is certainly an interesting time for established blog network owners with this news, the rumored sale of Weblogs Inc and other networks being approached by VC investors. Filed under Blog Networks | Get the Free ProBlogger Newsletter [...]

By: Dave

Dave — Tue, 04 Oct 2005 11:22:15 +0000

Any sacrifice over the control of your work has to be considered carefully – like its has been stated, the VC’s want some return on their investment, which puts you under more pressure to perform and expand to deadlines that you wouldn’t otherwise face.

A big part of me says that if ypu’ve stepped away from a corporate environment to work for yourself, why would you want to take a step back and have to become answerable to a third party.

By: John (SYNTAGMA)

John (SYNTAGMA) — Tue, 04 Oct 2005 07:54:27 +0000

I'd recommend an excellent book I reviewed back in July called, "Bootstrapping Your Business". Here's the review.

By: Broke

Broke — Tue, 04 Oct 2005 07:00:28 +0000

I think the big question to ask is what do you want out of your business at the end of the day.
When you take someone elses money you lose part of the control, and if/when things start to grow at a rate that you hadn’t predicted you may find yourself in a position you never imagined or wanted to be in the first place.

By: Darren Rowse

Darren Rowse — Tue, 04 Oct 2005 06:35:16 +0000

you’re right Brent – we run quite the biblical blog here ;-)

By: Darren Rowse

Darren Rowse — Tue, 04 Oct 2005 06:34:36 +0000

Hosting Diary – money could be used on a variety of fronts. But really it would probably go towards expanding things, paying authors, professional design – even PR and advertising. But overall I’d spend it on content development – the key to any good blog network.

By: Brent

Brent — Tue, 04 Oct 2005 06:18:35 +0000

I guess I missed that day at bible school and I had to look it up on Google, but for everyone else who does not know 30 pcs of silver was the coinage with which Judas was paid for the betrayal of Christ in the bible.

By: HostingDiary

HostingDiary — Tue, 04 Oct 2005 06:13:01 +0000

I’m curious to know how external funding might be spent on an established blog to achieve an acceptable ROI for the VC’s.
What exactly would you do with the cash?

Andrew

By: Aaron F Stanton

Aaron F Stanton — Tue, 04 Oct 2005 04:52:03 +0000

Be very wary of it. They are not concerned about anything other than the next quarter’s earnings…

By: Athomemama

Athomemama — Tue, 04 Oct 2005 01:59:39 +0000

I like the 30 pcs of silver comment, Stuart. Seems like VC is often compared to selling your soul to the devil…

By: Dan

Dan — Tue, 04 Oct 2005 01:24:07 +0000

What? Standed on an island with pirates? Who gives silver as venture capital? Am i missing something? Hehe!

By: Stuart

Stuart — Tue, 04 Oct 2005 00:29:43 +0000

I think I would be telling them pretty much what you’ve already said.

Don’t look at the bottom line where the dollars are mentioned – look at the one above it that tells you what you’re going to have to do in return for that money.

I guess 30 pieces of silver seemed like a good deal for one guy but look where it got him.