Imagine establishing a blog, attracting insane followership, and selling it for millions a few months later. This is exactly what ordinary people have done in the past.
If you have procrastinated on starting your blog yet your ideas are viable, the following success stories could motivate you to hit your computer keyboard today!
TreeHugger Sold at $10 Million
In 2004, Graham Hill established Treehugger.com. This was a simple environmental platform that was operated from a couple of cities around the world.
Following its increased followership, Discovery Communications was interested in purchasing the blog.
After the purchase, Alexa.com ranked it among 3,000 other leading websites in the world. The price of $10 Million was substantial than, but today looks meager when compared to other blogs that sold for tens or even hundreds of millions of dollars.
Bankaholic sold for $15 Million
Bankaholic.com was started and operated by one man, Johns Wu. It gave advice and financial information about money markets, credit card offers savings accounts, and other related intelligence. It attracted the interest of Bankrate, a successful financial consulting firm.
During the sale, Bankrate’s CEO Thomas Evans noted that the blog’s high natural traffic would heighten his company’s credit card and deposit revenue.
If the company’s current financial success is anything to go by, this was a well-timed and worthy acquisition.
Deadline Hollywood Daily sold for $15 Million
Nikki Finke is a showbiz journalist who decided to start a blog to report on awards, TV news, and movie ratings among other entertainment-related stuff. She operated DeadlineHollywoodDaily.com on her own, often spending hours on end compiling updates.
When the media giant Mail.com showed interest in purchasing the blog, Finke did not hesitate. Although figures vary, it is believed that she relinquished it for nearly $15 Million.
Additionally, she would share ad revenue for five years after the acquisition.
Ars Technica sold for $25 Million
ArsTechnica.com is a Latin term that means Art of Technology. The blog was started by Jon Stokes and Ken Fisher in 1998 to publish news and reviews in the technology world.
Its objective was to provide the best coverage for PC hardware and multi-operating System technology.
After a couple of years of marked success, the pair was approached by Conde Nast, a tech giant. It sold for $25 Million with the new owners marketing it as a game-changer in technology.
TechCrunch sold for $30 Million
Michael Arrington founded TechCrunch.com in 2005. He concentrated on news from technology companies with a keen emphasis on startups.
In a deal with AOL, Arrington decided to sell the blog and retain a seat on the company’s board. In late 2017, the company parted ways with the blog’s founder.
Paid Content Sold for $30 Million
Journalist Rafat Ali started PaidContent.org to take account of the ever-evolving digital content as it helped shape the future of entertainment, media, and information.
When Guardian Media Group approached Ali, the company had only one thing in mind-buying it off. The sale was negotiated for a considerably short period where Ali walked away more than $30 Million richer.
Consumer Search Sold for $33 Million
Back in 1999, Carl Hamaan and Derek Drew started a unique blog called ConsumerSearch.com. The pair did not post their own reviews about consumer products. In fact, it did not allow users to make testimonial reviews.
Instead, it acted as the reviewer of independent consumer testimonials. About.com was impressed by the uniqueness of the blog. The company offered $33 Million for the blog. Carl and Derek obliged.
Mint Sold for $170 Million
In just 2 years, Mint.com went from zero to having 1.5 million users. Having been established in September 2007, the blog was featured in TechCrunch’s top 40 blogs, catapulting it to stardom.
Its growth of several thousand subscribers daily turned more than a few heads, including Intuit’s. The company acquired it for $170 Million. Today, Intuit has more than 10 million active users, thanks to Mint.com.
Huffington Post sold for $315 Million
The Huffington Post was founded in 2005 as a pioneer in the world of digital journalism. Six years later, it was acquired by AOL for a whopping $315 Million.
At the time of the acquisition, the blog boasted of more than 25 million new users each month. In fact, this sale paved the way for numerous other acquisitions of top-performing websites and blogs.
Business.com sold for $350 Million
In 2003, the domain name business.com drew more than high attention when it was valued at $7.5 Million. However, this figure is today negligible when you consider that the blog sold for more than $350 Million in July 2007.
In the run-up to the sale, numerous news and media giants had expressed interest. These included Dow Jones, New York Times Company, and News Corp. In the end, RH Donnelley emerged as the highest bidder.
The acquisition helped the buyer resurface from bankruptcy.
Do not be misled to think that it is too late to start your blog. As far as you have an original, interesting, witty, converting, and jaw-dropping idea, nothing should stop you. Who knows, you could be the next millionaire.