As all WebProNews readers are probably aware by now, Bankaholic, a blog run by 22-year-old Johns Wu was sold to BankRate.com for $15 million, a price some people find shockingly high, but enough to change a man's life dramatically. We've covered this inspirational story extensively since we first learned of it.
Friday, we reported on Bankaholic, a blog written by Johns Wu, being sold for $15 million to BankRate.
Reports have surfaced that Bankaholic.com, a WordPress blog run by Johns Wu (alone) is selling for $15 million to BankRate. That's quite a deal for Wu, I'd say. According to paidContent.org, Wu gets $12.4 million up front, with another $2.5 million possible earnout over the next 12 months.
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