I wasn’t going to mention it, but the spate of other bloggers disclosing that they have recently been approached by venture folks made me feel like I should tell the story. Like a number of other people writing for the net, I have recently been approached (by two venture firms in my case) about them investing in “my media venture ”.
Whoa.
It’s scary and silly, but even scarier and sillier is when you consider, as I pointed out to the emailing associate, my day job already is venture capital. It is magnificently Escher-ian to imagine joining a syndicate investing in me. And if I don’t want to invest in my venture, well …
More seriously, I’m a one-man write-during-morning-Cheerios part-time show. Granted, I’ve got pleasingly high page-views and thousands of subscribers, but a venture-investable business? Cmon.
Related posts:
Paul,
Once your blog goes IPO, might you be interested in acquiring smaller, less read blogs like WhoHasTimeForThis? If so, I guess I ought to lead the Series A in my own blog.
Thanks,
David
Absolutely, David. I’ll be sure to take care of all the little people
I agree. That being said I was podcasting part-time just for fun. Now I’m doing the podcasting business exclusively full time. Content scales as a function of people so if you can get folks working together then it can happen otherwise it becomes a ‘focused media’ site where you can make some extra lunch money, buy a boat, new car, but don’t count on the IPO.
Then again Jason Calcannis sells weblogsiinc.com for 25million in cash. His investor is Mark Cuban – now there’s a guy who knows when to sell. Maybe that is a barometer of the content market right now.
John Furrier
PodTech – http://www.podtech.net