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Hunger for Gossip Sites Edit
Truemors Sold to NowPublic

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Hunger for Gossip Sites - Truemors Sold to NowPublic
Truemors Sold to NowPublic
 Published: Jul 11, 08
Comments: 1 Views: 1,608

Successful venture capitalist Guy Kawasaki launched Truemors, a site that explores media rumors, about a year ago for $12,107.09, and it’s now been bought by NowPublic, the world’s largest user-generated news site, who hired Kawasaki to continue on the board. 

Kawasaki’s business model was like many others: throw it up against a wall and see if it sticks. Venture Beat commented at the launch that it was a site smothered in spam. Eventually the site was cleaned up and traffic grew from zero to 50,000 people a month. There was no public announcement of Kawasaki selling the site, and no price was given, but NowPublic is the new owner and Kawasaki still plays a key role.

6794_1_120.jpeg align=right hspace=5 vspace=2 border=0 Guy Kawasaki - Venture Capitalist, Author and Blogger (INTERVIEW)

Guy Kawasaki is a marketing legend, a venture capitalist, a renowned speaker, author of eight books, a famous blogger, and one of the original marketers of the Apple Macintosh.  He is currently a managing… [More]

References:  venturebeat

Filed In:  business,  internet,  leaders,  new ventures,  pop culture








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FOUR WAYS TO REACT: vote, favorite, add more examples of Hunger for Gossip Sites or comment about Truemors Sold to NowPublic.

Favorited by Going Like Sixty on Jul 11, 08
Happy Hotelier on Jul 12, 08  56 Trends   335 Comments
60. I picked it up from Twitter....never thought it would be a trend. Good catch. Never too old to learn:-)
Happy Hotelier on Jul 12, 08  56 Trends   335 Comments 0


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