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16 Comments
that`s a lot of money....
that`s a lot of money....
Awesome
This is very inspiring, but I am darn sure it's not just luck - it's hard work. Take a look at the google search results for top bank terms and you will find the site ranking tops - so Johns Wu really did something right that Bankrate just can't replicate easily.
big number dude Very nice
big number dude
Very nice article. I like that and I LOVE this blog. You give me a lot of informations for me, very inspiring me. Thx
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PS:Keep on good working.
Amazing
This is such an inspiring story. I'm sure people will be talking about this for months thus bringing in a lot more traffic to that blog. The move has certainly captured the imagination of a lot of people and given BankRate some really good exposure.
WOW!
I have just heard a wordpress blogger who signed a 300,000$ deal and my jaw already dropped down to the ground. Now, for a blog that started in 2007 to rake in 15 million dollars...I hope the earth is deep enough for my jaw to drop. Really amazing! Sometime fortune just hit you right in the face huh?
NICE
What more can i say?? Good on him! I'll be there one day!
Wow..
That is certainly a lot of money for a blog, simply amazing.
Luck + Hard work
Hey, I'm still doing research about this, I just can't believe they would pay such an obscene amount of money for a blog site. The only conclusion I can think of is that bankrate just realized John Wu simply got lucky at the right time. If bankrate wanted to build the same blog they could. Hell, with 15 mil they could have Warren Buffet write blogs and reach 300K users in 10 days. They definitely have the expertise to do such a thing. So why they paid 15 mil? If bankrate acknowledged John Wu simply got lucky with his blog they can't replicate it. You can't follow someone's footsteps that won the lottery and buy your lottery tickets at the same gas station in hopes to win. Pure and simple you can't replicate luck.
bankoholic
Hey, I'm still doing research about this, I just can't believe they would pay such an obscene amount of money for a blog site. The only conclusion I can think of is that bankrate just realized John Wu simply got lucky at the right time. If bankrate wanted to build the same blog they could. Hell, with 15 mil they could have Warren Buffet write blogs and reach 300K users in 10 days. They definitely have the expertise to do such a thing. So why they paid 15 mil? If bankrate acknowledged John Wu simply got lucky with his blog they can't replicate it. You can't follow someone's footsteps that won the lottery and buy your lottery tickets at the same gas station in hopes to win. Pure and simple you can't replicate luck.
That Isn't Luck, That's Hard Consistent Work!
The amount of money that blog most be making from affiliate comissions alone could be worth the big investment over a few years. I mean, credit cards, insurance and bank rates all together with an Alexa ranking of 41,810.
$15,000,000 could surely seem like a lot, but the the thousands of unique visitors that websites receives per month could mean a ROI in a couple of years. That site should easily receive over 30,000 unique visitors per month. Wonder if the insurance section alone will cover the ROI in two years.
Lol...thanks for the heads up. Surely hard work on his behalf. Luck? On a 41,810 ranked website with the amount of quality and social interaction. Nah, he forced his own luck. Great job!
Boricua
Spoiling the party
I may be spoiling the party but it does seem rather odd that someone values a business on the basis of organic traffic. A cursory investigation of some of the links pointing at Bankaholic shows some fairly crude activity.
Some Might See This Differently
Piggybacking on the name is an innovative ploy as well.
Viral marketing at its best?
http://bankaholic.blogspot.com/
Oh my god
one idea one man - and dreams come true.
Really nice for him and another success story from blogger to millionare.
waitin for my time also.
http://www.redline.ms
When will my time come to hit Jackpot?
Even am doing different things on web. Started my own web development company too. When will I hit the jackpot????? :-(
Am happy for him though...waiting for my time :D
Regards,
Sai Bharadwaj
CEO & Managing Director
KishoreSoft.com
Damn! Nice score!
It's good to see a blogger making it big!
Cheers,
-J
----
Jasen Maminski
Principal
Letterwhiz.com
Good for him
Can't say I would want to be footing the bill for that one, but Mr Wu won't be complaining. The guy is either very lucky or a very, very, smart negotiator.
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