Re:CNN to buy Mashable for $200 million +
by ticks on Monday March 12, 2012 @10:58AM
(#3693726)
It's a such a crazy price, but we have seen similar purchases of blogs like TC recently.
Normally, websites are sold on the basis of a year or two worth of revenue - I am talking content websites, rather than services. There's no way that Mashable is making anything near $100 mill per year.
Normally, websites are sold on the basis of a year or two worth of revenue - I am talking content websites, rather than services. There's no way that Mashable is making anything near $100 mill per year.