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Tuesday, February 27, 2007 2:30:49 PM
dogster.com got a disney sponsorship and made $1.1 profit in 2006. now you have joost.com by the same guys who built skype.com that sold to ebay for $2.4 billion. there's loopt.com, adify.com admob.com and so forth. even if they say, it's a bubble, your chances of making money are better than winning the lottery. VCs are so careful nowadays that they rarely fund concepts. first they want sites with traction (w/ 10's of thousands of users) before shelling out a penny.
so how do these sites get thousands of paid members in just a few months? even if I tell you, nobody here would understand or give a crap. lol
btw, world of warcraft makes 1.2 billion a month from subscription. there are a dozen of similar companies looking for angel investors from $5k - $10k. this market is up for grabs.
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